The Currency Analytics
By Ayobami Abiola
A CEO who Stole funds and Stood with it?
Zombie Mining Protocol
The community went Guns Blazing- Who to blame is next
A Saviour in the Midst of Storm?
A repentant NomiChef or a good guy from the Beginning?
What have I learned?
Scrolling up and down on crypto twitter as usual looking for updates, news, and well, something interesting about my favorite coins. 😁 I won't tell you.
Then came was this post about Sushi CEO selling the dev share of 20,039 ETH and 2,558,644 SUSHI (~$15Million):
sells all of his $SUSHI Sushi… WHO COULD HAVE POSSIBLY PREDICTED THIS?!”
I never knew anything about Sushi and to be honest, I really felt bad for the investors. I began investigating.
“People asked if I exited scam. I did not. I am still here. I will continue to participate in the discussion. I will help with the technical part.
But his claim is right, the first Sushiswap blog post stated that the dev share is 10%. The only thing is that he pulled the plug too early. That is morally wrong.
Sushi was supposed to be a zombie mining protocol sucking the liquidity out of Uniswap. It was literally a fork, a copy of codes which promised a new governance model with huge…
Nomi (Sushi CEO) wasn't the only one to take the fires. Changpeng Zhao, Binance CEO, seemingly took the next hit.
"For SUSHI, I don't know who the founder is. If we don't list new DeFi coins, traffic goes to other exchanges, and we become obsolete.