@danielesesta @SushiSwap @arca AMA recap:
- $Sushi already has strong fundamental basis. 2022 is going to be defining year for crypto.
- Legal implications of proposal. Danni wants no legal entity in charge. The entity he wants to create will be a subcontractor to the DAO.
- $Sushi already has strong fundamental basis. 2022 is going to be defining year for crypto.
- Legal implications of proposal. Danni wants no legal entity in charge. The entity he wants to create will be a subcontractor to the DAO.
- KPIs of success. User Acquisition to generate fees and income. TVL is becoming less important because it doesn't equal revenue. AMMs need TVL to lower slippage to attract users. but...
- As concentrated liquidity kicks in and multichain world takes over, TVL is less important
- As concentrated liquidity kicks in and multichain world takes over, TVL is less important
- Key metrics is number of users, average trade size+ volume when evaluating success. Revenues vs competitors and costs.
- SIFU (wonderland founder) will be onboarded to make sure farms are operating efficiently using analytics.
- Multisig will be expanded, but no US person.
- SIFU (wonderland founder) will be onboarded to make sure farms are operating efficiently using analytics.
- Multisig will be expanded, but no US person.
- Dani will have last word on hiring/firing initially.
- Hiring won't require snapshot vote. Other uses of budget/product dev/investments will.
- min Sushi held for snapshot proposal will depend on average held by community, but anyone with min requirements can make proposals
- Hiring won't require snapshot vote. Other uses of budget/product dev/investments will.
- min Sushi held for snapshot proposal will depend on average held by community, but anyone with min requirements can make proposals
- Needs time to present a budget. He wants to lower costs. Budget should be presented quarterly.
- Motivation: Sushi has been opposing force against VC owned defi. Seeing it spiraling into chaos was not an option. Sushi will not fail. Synergy exists with #Frognation products.
- Motivation: Sushi has been opposing force against VC owned defi. Seeing it spiraling into chaos was not an option. Sushi will not fail. Synergy exists with #Frognation products.
- Change in tokenomics will be presented via snapshot and discussed in another dedicated channel.
- MIM (abracadabra) will help create deep liquidity for alternative pairs of crypto.
- Wants to create decentralized orderbook exchange. One of main reasons he's doing this.
- MIM (abracadabra) will help create deep liquidity for alternative pairs of crypto.
- Wants to create decentralized orderbook exchange. One of main reasons he's doing this.
- Wants to adapt "bribing" mechanisms for Sushi farms like CVX/CRV.
- Popsicle finance can work on top of trident doing concentrated liquidity minimizing slippage. Would distribute liquidity across multiple chains for same pair. Biggest synergy is Sushi + Popsicle.
- Popsicle finance can work on top of trident doing concentrated liquidity minimizing slippage. Would distribute liquidity across multiple chains for same pair. Biggest synergy is Sushi + Popsicle.
- Governance intervention needs to come into play only when the broad vision of Sushi is not being realized or changed.
- Convex moved liquidity from Sushi to Curve. Sushi needs to focus on retaining the trading pairs that generate most fees+volume.
- Convex moved liquidity from Sushi to Curve. Sushi needs to focus on retaining the trading pairs that generate most fees+volume.
@arca:
- Voted last minute on proposal. Wallets are publicly tracked. Majority was already in favor.
- Price action around this proposal overcomes any negative reaction from select members of the community. Loud minority is not representative of broader community.
- Voted last minute on proposal. Wallets are publicly tracked. Majority was already in favor.
- Price action around this proposal overcomes any negative reaction from select members of the community. Loud minority is not representative of broader community.
@danielesesta FUD around compensation ridiculous. People don't work for free.Everything transparent.
- Focused on value for token holders, dictates every decision, not only long term but short and mid term positive catalysts.
- Designed a system for crosschain swaps via MIM.
- Focused on value for token holders, dictates every decision, not only long term but short and mid term positive catalysts.
- Designed a system for crosschain swaps via MIM.
- @Wonderland_fi will be migrating $750 million from @traderjoe_xyz to Sushiswap in the next day. LFG!
- People overestimate amount of work. He's highly focused and wearing multiple hats comes with understanding the broader mission+synergies. He views #Frognation as 1 entity.
- People overestimate amount of work. He's highly focused and wearing multiple hats comes with understanding the broader mission+synergies. He views #Frognation as 1 entity.
- Working with a few projects to make Sushiswap move past EVM into Solana/Atom/Luna, etc.
- Not 100% sure what the plan is with @SHOYU_NFT...yet.
- @Arca community will have ability to determine grants and vote out leadership. Checks and balances in place.
- Not 100% sure what the plan is with @SHOYU_NFT...yet.
- @Arca community will have ability to determine grants and vote out leadership. Checks and balances in place.
- @danielesesta working on unifying all ecosystem communities under one single point of contact. He owns wagmi.com. Every Frog nation project will have a sub discord, etc to simplify UI for community.
- $FROG nation index token coming????? maybe.
- $FROG nation index token coming????? maybe.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
