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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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File: 617 KB, 1000x664, sushi.jpg [View same] [iqdb] [saucenao] [google]
22023427 No.22023427 [Reply] [Original]

Biz, you all have one fucking job, and that job is to buy sushi.

Sushi already accounts for $33million dollars worth of volume on uniswap, and the SUSHI-ETH pool alone has $40million of liquidity.

Sushi will be $5 EOD and $10 EOW - i've seen it in the tuna.

>> No.22023882
File: 31 KB, 766x266, unimad.png [View same] [iqdb] [saucenao] [google]
22023882

>>22023427
Based and fuck Uniswap pilled.

>> No.22023929
File: 2 KB, 128x49, fishgains.jpg [View same] [iqdb] [saucenao] [google]
22023929

>>22023882
The weak always fear and resent the strong

>> No.22023964

>>22023882
>hoping to get rich off peoples work

Its working. This sushi guy built a better incentive structure for users, you should have seen this coming DESU. You snuck a .05% VC backdoor in your open source protocol.

The craziest twist would be that Hayden wanted to say fuck the VCs and he created sushiswap himself. I hope that it is true.

>> No.22023966

>>22023427
I've been farming and selling these. Am I being cucked by people farming with SUSHI itself?

>> No.22023980
File: 10 KB, 537x182, Egr1qSOXcAEbFmo.png [View same] [iqdb] [saucenao] [google]
22023980

Half a billion $ locked up in liquidity.

>> No.22024060

I bought at 2.50, watched it go to 70
cents, and now we’re here. What an emotional cycle.

>> No.22024118

>>22024060
Wont be long until it's $70

>> No.22024128

>>22023964
>The craziest twist would be that Hayden wanted to say fuck the VCs
The rumor is that SBF_Alameda is behind Sushi.

>> No.22024158

>>22024128
NOT SELLING UNTIL 1 SUSHI = PRICE OF 1 WHOLE BLUE FIN TUNA

>> No.22024283

Is this the $10 waiting room?

>> No.22024334

>>22024283
$4 looks likely in the next hour.....I'm starting to think $10 may legitimately be FUD at this rate

>> No.22024391

oh another fucking yield farm scam. How long until fork to sushiv2 pops up? or Sushii? if you buy these ponzis ur a retard /thread

>> No.22024418
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22024418

/biz is sleeping on this kek

>> No.22024479

>>22024418
Biz slept on YFI, too - they only became interested when it hit $10k+

>> No.22024511

>>22024391
thank you sir now please do the needful

>> No.22024544

>>22024128
That is just because he allegedly has 30M in it liquidity farming. That doesn’t make him the creator, just a farming whale.

>> No.22024556
File: 41 KB, 777x431, cope.jpg [View same] [iqdb] [saucenao] [google]
22024556

>>22024391
Did you even bother checking liquidity and volume? Cope faggot kek

>> No.22024733

>>22024556
im sorry newfag, google bitconnect and you will see that these fucking ponzis that pop up every bullrun can actually get a high MC. whats the value behind these tokens? m-m-m..muh voting power. as if anybody but whales are gonna vote at $15-20 gas fee.

>> No.22024942
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22024942

>>22024733
bitconnect hit highs of $500 before plummeting to nothing
if you are still holding this after it starts slowing you only have your brainlet self to blame

>> No.22025004

>>22024942
Oh no. I can't believe I got scammed when I cashed out at $499

>> No.22025056

dropped 1 eth on this shitcoin. Do I hold or am I supposed to stake it somewhere? Which will give me more money and allow me to get out before the dump?

>> No.22025182

im starting to think that sushi will be another important big piece of the defi puzzle

>> No.22025310

>>22025056
If you have another eth you can provide liquidity in uniswap's pool, in which uniswap will give you liquidity tokens. You can then use these liquidity tokens to farm more SUSHI at a 2000% APR for two weeks.

>> No.22025466

>>22025182
It's looking that way, yeah.

>> No.22025644

>>22025310
I am total noob at liquidity farming. Wouldn't the transaction fees fuck someone up with only 1 eth providing liquidity?

>> No.22025675

>>22023427
scam

>> No.22025686

>>22023427
Imagine going to Hell for shilling this scam.

>> No.22025755

>>22025644
You don't pay transaction fees for providing liquidity except for the initial, which costs about the same as your trading fee. 1 eth is kind of low now that I think about it. You'll have to be comfortable paying ~$15 every time you move your tokens around due to high gas fees from everyone else doing the same thing.

>> No.22025876

I've staked half my LINK-ETH token on SushiSwap, should I stake my other half that I left on Uni?

>> No.22026000

>>22025686
Imagine being in crypto and not being able to differentiate legit projects from scams

>> No.22026044

>>22023882
isn't that what investing is all about?

>> No.22026168

>>22026044
>>22023882
This kid must still be making a mint regardless of the Sushi takeover

>> No.22026188

>>22023427
>tfw I was going to buy sushi today from the store but they were out

>> No.22026241

>>22025310
And forgive me for being retarded here, but how do i get my cash out of the pool?

>> No.22026317

>>22026241
You would 'burn' your token for its ERC20/ETH value. You always get both. On sushi swap you can just convert the Sushi token into ETH (using uniswap again) and from there to cash.

>> No.22026339

can someone post a brainlet's giude to all this yield nonsense please

>> No.22026425

>>22026339
https://www.shitcoinpraxis.com/yield-farmer

>> No.22026451

>>22026339
First make a meta mask wallet. Connect this wallet to UniSwap and SushiSwap.

Then, stake an equal value combo of a popular ERC20 and ETH on uniswap. Uniswap will give you pool tokens.

Now go to SushiSwap, choose the pool for the ERC20/ETH pool you chose back on UniSwap, and stake those pool token in that pool.

>> No.22026452

>>22026425
ty fren

>> No.22026513

amazed at how many people don’t know what liquidity farming is, while using uniswap this whole time, which has gotten big solely from liquidity farming from liquidity pools. smart money has been doing this for a while, dumb money is going to get rekt because pooling won’t even get you back your transaction fee money in 24 hours, and when the coin pumps, their money doesn’t go up at all, and rage ensues.

>> No.22026643

>>22026451
thanks man, is there a good token to stake and how much is a good amount
sorry for being a retard

>> No.22026830

>>22026643
You should learn what impermanent loss is before you provide liquidity.
https://blog.bancor.network/beginners-guide-to-getting-rekt-by-impermanent-loss-7c9510cb2f22?gi=e94e35bbae66
I think there's enough people dumping that it should be roughly stable but you never know.

>> No.22026938

5x rewards incoming >>22026490

>> No.22026963

>>22026938
This sounds like it’s going to go poorly

>> No.22027001

>>22023966
>>22025644
>>22025876
>>22026241
>>22026339
people have no idea what they are buying. does this sound like smart money to you? these people are the absolute last people joining the ponzi. dump will be glorious. its yam all over again

>> No.22027015

>>22026963
It's going to bring monstrous liquidity to sushi and cement it over uniswap, a month from now you'll be using it

>> No.22027064

>>22026938
increasing the supply for the people that got in early YIKES

>> No.22027378

I just can't believe I'm making so much money