What do you think about Sushiswap ? - page 2.

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legendary

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Quote from: TeleShoper on September 05, 2020, 10:06:26 AM

What do you think about Sushiswap? Hi, guys! Yesterday my friend send me the sushi swap project and told me that it's a great project to invest in Binance. What do you think is this project is good enough to invest?I am doing some research before put money in their token.

Sushiswap is one of the best DEX, no need to hesitate if you want to invest there,
I will give you a list of the best DEX, so you don't get confused when choosing them, because there are so many DEX,
ERC20 Network : Uniswap, Sushiswap
BEP20 Network (BSC) : Pancakeswap, Bakeswap
those are 4 famous DEX, and you should not hesitate to invest there, especially Sushiswap.

Valak

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Quote from: TeleShoper on September 05, 2020, 10:06:26 AM

What do you think about Sushiswap?

Hi, guys! Yesterday my friend send me the sushi swap project and told me that it's a great project to invest in Binance.

What do you think is this project is good enough to invest?

I am doing some research before put money in their token.

Sushi project is good, and at the time of the bull run the price of Sushi reached $23. Trading volume reached $95.89b. This is a very large amount to get because this coin is still very new. Apart from that, this coin is also traded on many exchanges.

GatotKaca

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Quote from: ?? on ??

Sushiswap is not a project so powerful. This project has been on the market for a long time. I think you should invest more thoughtfully here. There are many better quality projects in the market, try to know about them. I think it's better not to invest in Sushiswap.

yes but more traders trades on dex exchanges and thy said that dex exchanges are easy to use and reliable. dex exchanges could boom in the very end of this year or the next year but the problem is there are so many dex exchanges are live now and more are coming to launch. huge competition between these platform projects. have no idea who will win. my point of view that every dex exchange have enough traders for their income. so its already successful project

It affects the progress of every open projects, competitions are tight and it's really tough to make a good decision if which dex to support
you need a much deeper research before making your call.

Take time if you still aiming for Sushiswap, there's always positive and negative side of every projects learn everything before you decide.

I've heard some bad news regarding this project in the past. You are right, there are always negatives and positives for every project.
especially, for now, we see so many DEX projects that are present. checking deeper is the best option before entering. because most DEX projects are certainly competing for traders who are comfortable with their platform.

Westingcote

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Quote from: Bttzed03 on September 05, 2020, 10:24:44 AM

Binance just listed that token because they want the trading fees from users like your friend who are riding the DeFi hype. Not all projects in there are legit and if you want to check how it's performed after the hype - https://coinmarketcap.com/currencies/sushiswap/historical-data/

Binance are enabling the scammers to which is shady behavior from them why do people keep giving their business to shady companies like Binance? They have a monopoly on the exchanges for altcoins but they are corrupt.

_IRMAN

copper member

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Quote from: ?? on ??

there should be some other use case of sushiswap tokens so that makes it different from others. developer should bring more updates and makes sushiswap more effective

More effective like what do you mean? Sushiswap has provided many benefits for its holders, a lot of airdrops for $SUSHI token holders, and this is an extraordinary thing, isn't it?

crazy-pilot

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In fact, sushiswap is not much different from uniswap, in principle, everything is the same. But at one time sushiswap simply pulled the blanket over itself, taking a large number of users to its side.
In any case, the projects have differences, and the fact that sushiwap is a direct competitor to uniswap forces uniswap to develop at an accelerated pace so as not to lose its user audience.

leea-1334

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Did you read yesterday a new aggregator Force got hacked for millions? And they were using a copy of Sushiswap smart contracts apparently. So it was clear that Sushi who copied Uni and then made their own alterations,,, did not have such a great original copy after all.

It is not going to end well for defi with all of this sushi pancake things going on.

jacafbiz

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Sushi has come through the thick and thin and it is still moving, the issue before Sushi now is the released of the LP tokens to the market, let's see how it is going to impact the price and also Sushi seems to be losing volume to other DEXes it is no more number 2 on the list, the team need to make it a go to exchange if it doesn't want to be lost in the crowd

Nayana Patil

newbie

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Hey, I think Sushiswap is becoming popular every day because of its unique features and facilities for investors. The rewards and the token distribution are very lucrative. The safety and security of the platform add to the benefit of the liquidity providers.
For more details: https://coinpedia.org/decentralized-exchange/sushiswap-exchange-review/

posi

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Quote from: 3meek on February 12, 2021, 03:15:20 AM

Quote from: lonerangerh on February 12, 2021, 12:28:36 AM

Coinbase Custody now supports deposits and withdrawals for SushiSwap (SUSHI), Utrust (UTK).

I used to think it was a scam... In principle, I'm still suspicious of such DeFi projects... However, Coinbase would not add them for nothing...
And in the fall you could buy SUSHI for less than a dollar!

Most people have the impression that the coin (Sushi) is a scam ever since the project owner publicly said he sold all his holding and the community thought it could be a scam exit strategy by him. However, don't know about this fact before they make a conclusion about the project's genuine stance.
With that been said, coinbase custody added the coin a couple of hours ago, and adding the coin doesn't mean it scam free either cause coinbase custody service is the platform created by coinbase to join the DeFi market.

RobbyDama01

newbie

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SushiSwap is a hard fork from Uniswap, in other words it is a by-product of the Uniswap project. Sushiswap is very similar to Uniswap, which also allows investors who provide liquidity to the pool to get rewards on their platform. so in my opinion sudhiswap is good but how we use it.

RussianEnglishTranslation

jr. member

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I don't see the appeal of sushi swap when you can trade cryptos like Bitcoin, litecoin, and 0xMR privately on incognito chain with lower gas fees. Also, sushiswap competitors like uniswap are moving to L2.

3meek

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Quote from: lonerangerh on February 12, 2021, 12:28:36 AM

Coinbase Custody now supports deposits and withdrawals for SushiSwap (SUSHI), Utrust (UTK).

I used to think it was a scam... In principle, I'm still suspicious of such DeFi projects... However, Coinbase would not add them for nothing...
And in the fall you could buy SUSHI for less than a dollar!

lonerangerh

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Coinbase Custody now supports deposits and withdrawals for SushiSwap (SUSHI), Utrust (UTK).

KingsGambet19

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Quote from: Kate Wilk on December 02, 2020, 05:38:28 AM

Quote from: bussybuddy on November 08, 2020, 12:18:32 AM

Seeing the market over time and the arrival of sushiswap, it has pulled many of the big players in the market into a comedy play, and its creators are real comedians in the market. this. I can't see why a copy similar to uniswap makes such a great deal of attraction. I think at this point perhaps the performers of that play also made some money, and I think sushi will soon die and be forgotten.

I want to disagree with you Wink

https://www.theblockcrypto.com/post/86128/defi-protocol-yearn-finance-sushiswap-merger

Sushiswap was one of the listed good crypto projects and I think this is also one of the reason why ETH fees which miners had been made to deduct every transaction so high is due to this platform same goes too uniswap. These two known platform that booms in the market are using the ETH network. I had been observing it too where there are some members here complaining and even supporting the claim by the graph represented on how much ETH transaction fees had been so expensive or high.

So, these crypto projects are good and I think it cannot easily die because there are so many good projects listed in the platform in which it earn from those project listed.

steampunkz

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Seeing Sushiswap performance is doing good this week increasing +20% to its price and market capitalization to $345,507,336 getting to top 51 in coinmarketcap, It's going back again to its current price in the first launched? Could this be a good sign to invest get sushi?

Kate Wilk

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Quote from: bussybuddy on November 08, 2020, 12:18:32 AM

Seeing the market over time and the arrival of sushiswap, it has pulled many of the big players in the market into a comedy play, and its creators are real comedians in the market. this. I can't see why a copy similar to uniswap makes such a great deal of attraction. I think at this point perhaps the performers of that play also made some money, and I think sushi will soon die and be forgotten.

I want to disagree with you Wink

https://www.theblockcrypto.com/post/86128/defi-protocol-yearn-finance-sushiswap-merger

bussybuddy

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Seeing the market over time and the arrival of sushiswap, it has pulled many of the big players in the market into a comedy play, and its creators are real comedians in the market. this. I can't see why a copy similar to uniswap makes such a great deal of attraction. I think at this point perhaps the performers of that play also made some money, and I think sushi will soon die and be forgotten.

InwardContour

sr. member

Activity: 644

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Quote from: TeleShoper on September 05, 2020, 10:06:26 AM

What do you think about Sushiswap?

Hi, guys! Yesterday my friend send me the sushi swap project and told me that it's a great project to invest in Binance.

What do you think is this project is good enough to invest?

I am doing some research before put money in their token.

Most investors including myself lost trust already for SUSHI due to the saga with Nomichef. Initially I thought it will be a major competitor to uniswap but I deviated my thoughts from that weeks back. I actually bought a lot of SUSHI on OKEX between 6$ to 11$, now I'm stucked in the dip. I have no option than to hold and hope things get better with the project. Even after Chef Nomi returned the $14M worth of ETH back to the sushiswap treasury, it didn't create any impact, meaning it's hard to gain back lost trust. I wish the project well anyway, some DEFI projects still use sushiswap, hence a working product could do well in future.

TeleShoper

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