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1) Last night control of Sushiswap was passed off to multisig control. So this is my last message as temporary-substitute-chef and my first as.... a waiter? IDK.
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3: The Sushiswap developer fund has now successfully transitioned to mult-sig control! etherscan.io/tx/0x4425847bd
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3) First, off, I'd like to echo others in congratulating Uniswap. This was by all definitions a well done, successful launch; all the more so given the pressure.
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4) So what's my vision for Sushi? Well Sushiswap is the Sushi community's. And so it should be what they want it to be. What I would do is below. But that doesn't need to be what Sushiswap does!
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6) Second, I would make most of the SUSHI airdrops vesting over a year. That solves a collective action problem, and allows people to retain the yield without as much selling pressure. I'd also probably decrease them a bit.
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7) Third, I would give incentives for anyone to build on Sushiswap. You can already compose yield if you give yield of Sushiswap LP tokens and then stake them on Sushiswap. I would make this clear, and I would also make adding a market super simple and reward active new ones.
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8) And fourth -- yeah ok you guys know what this one is. But seriously, 1-second-settlement and $0.00002 gas is awesome. And it's on-chain, on an L1 -- you can compose directly there!
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12) is going to build out a powerful system one way or another -- but we'd love to have you be a part of it. Because you've built awesome things -- as has the rest of the space. And even more than that, an awesome community.
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13) And to everyone thinking about how where to position themselves in DeFi -- do you wanna be right or do you wanna make money? And if you don't choose to make money -- how sure are you you're really right?
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1) On Being Right
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14) I want to work on the best, most powerful products I can, because that's where the upside is. And I'm super excited about where is going -- about all the awesome shit people have built on it, and are building, and will build.
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15) p.s. --a huge thanks to everyone who helped bail Sushi out -- including , all of the mods and multis members, the community, and of all people, , who after returning the funds came and pitched in on the dev side.
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