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  1. johnarb

    $SUSHI - DeFi token for sushiswap a fork of uniswap

    Very nice on Sushiswap! Uniswap is hurting big time. Does anyone talk about Impermanent Win? :D Both Cream and Eth went up in value the past 3 days, so my crazy returns were boosted as a result, lol Edit: forgot to put into context, when I exited the pool, I gained over 7 Cream tokens and...
  2. johnarb

    $SUSHI - DeFi token for sushiswap a fork of uniswap

    Update: I realize this is the sushiswap thread, but my $CREAM info above is no longer correct and I need to correct it as don't want to mislead anyone. The Cream team added some new staking pools and the community had some pushbacks due to changes in the rewards for other pools, so the team...
  3. johnarb

    $SUSHI - DeFi token for sushiswap a fork of uniswap

    That is crazy! Someone who is able to launch a sushiswap-project of that size in a short time probably owns millions of $ worth of cryptos, but $14M is a huge amount :D Only in cryptos...
  4. johnarb

    $SUSHI - DeFi token for sushiswap a fork of uniswap

    FTX also has futures, so yea, you have a very good point. That is why I mentioned gamification all of these factors have to be taken into consideration when taking a long or short position. CREAM has a short supply which I emphasize is temporary (less than 200K, MAX supply is 9M), There's a lot...
  5. johnarb

    $SUSHI - DeFi token for sushiswap a fork of uniswap

    It's amazing the amount of progress of the Sushiswap ($SUSHI) project, however, the Sushi high-returns yield farming will end in 1 day and 15 hours, and there's rumor of a Uniswap revenge to get the LP's back by offering Uniswap v3 with a token. Also, the 100M $sushi tokens circulating supply...
  6. johnarb

    $SUSHI - DeFi token for sushiswap a fork of uniswap

    Yea, it was a bad trade, he could have sold when sushi was over $10 and lots of volume. He has a tweet that said "he won't sell, he's a good guy" that is what some are bringing up, but emotions and lots of $$$ really can affect emotions.
  7. johnarb

    $SUSHI - DeFi token for sushiswap a fork of uniswap

    In my opinion, Chef Nomi is a "lowlife scammer" the way he sold (/dumped) his dev rewards of $13M. He could have sold it slowly or only a small part, but he knew he was going to crash the price so he took as much as he could, and just the timing of the cryptos sector already going down...
  8. johnarb

    $SUSHI - DeFi token for sushiswap a fork of uniswap

    $sushi anon dev sold $13M worth at the worst possible time when all cryptos were crashing so very bad timing as it hit a low of $1.5 before recovering to about $2.75 currently. I made $$$ on $sushi when I bought and sold within 24 hours (more than double), but this is a big setback to a...
  9. johnarb

    Poll: Will Bitcoin hit $2500 in the next 18months?

    Tech stocks and bitcoin (cryptos) seem to be correlated. Probably many of the same players on both. Do you have the same tingling sensation with the tech leaders or just bitcoin (cryptos)?
  10. johnarb

    $SUSHI - DeFi token for sushiswap a fork of uniswap

    You're mixing things up making your scenario too complex to answer. Crypto prices drop all the time. This morning, bitcoin sh*t the bed again and my crypto portfolio is once again a sea of red. Non-DeFi coins dropped in value and DeFi coins dropped in value, just like in the traditional finance...
  11. johnarb

    $YAM https://coinmarketcap.com/currencies/yam/

    Those rates fluctuate but they are calculated based on the $ valuation of sushi and your Uni v2 LP tokens. I have not harvested the $sushi tokens, but so far I've farmed ~250 and it has been about 20 hours, what's helping me was that I farmed most of them earlier when the price of $sushi was...
  12. johnarb

    $SUSHI - DeFi token for sushiswap a fork of uniswap

    Yea, heard of similar incidents on a bigger scale. Those things exist due to arbitrage opportunities that happen with crypto and different players and the market not acting efficiently. As you said, it was a no-risk situation (only gas fees which could be high due to execution of several smart...
  13. johnarb

    $YAM https://coinmarketcap.com/currencies/yam/

    YFI is on the menu, but YFII is not :D btw, one of the security audits came out with no critical issues on the sushiswap code, $sushi has been going up since. I'm already mining with an irresponsible amount of LEND/ETH Uni LP tokens, but thinking of being even more degenerate and adding more...
  14. johnarb

    $YAM https://coinmarketcap.com/currencies/yam/

    Sorry, please disregard my previous post. Yam v2 (with ETH pair Uniswap LP) can be used to farm $sushi on 9/4/2020, the code has been deployed but there is a 48-hour timelock (safety security feature of Sushiswap). It's probably what's giving value to YAM v2 tokens...
  15. johnarb

    $SUSHI - DeFi token for sushiswap a fork of uniswap

    Bitcoin went down again bringing the whole crypto sector down with it, my crypto portfolio is a sea of red this morning :banghead: It will be back up in the next few days (or so I think) I don't really have an opinion (and also have not done enough research) on L2 (for Ethereum?) but something...
  16. johnarb

    $SUSHI - DeFi token for sushiswap a fork of uniswap

    Cashed out all my $SUSHI profits and also the farmed $SUSHI, not bad, not bad at all, but I lost over $4K of profit$ by not selling over $10/sushi. I did not need to harvest my $SUSHI and unstake the LEND/ETH LP tokens but I wanted to rebalance my crypto portfolio tonight and to see what...
  17. johnarb

    $YAM https://coinmarketcap.com/currencies/yam/

    Bam! sold most of my YAM v2 tokens and only left a little over 1 YAM v2 token in the wallet. I got a little over $10.9K in Eth, minus gas fees of $35.66 (payable in Eth), so not quite break-even from original investment, but I consider it a win. I might buy into YAM v3 when it comes out. I'm...
  18. johnarb

    $YAM https://coinmarketcap.com/currencies/yam/

    Very good questions, btw. YAM v2 is only a place holder for YAM v3, and with limitations, as after migration, only 50% are vested, with the other 50% on a vesting process over a 30 day period. There's no value to YAM v2 only future valuation of the YAM v3 project and not even equal as...
  19. johnarb

    $SUSHI - DeFi token for sushiswap a fork of uniswap

    Highly unlikely, but anything's possible. The smartcontract bug in YAM was on the rebase code, which gave too many coins to the treasury address, it also posed a risk to the liquidity pool on one pair, other pairs were fine. The staking platform smart contract is open source on github and many...
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