Today in DeFi - Sushi Redemption, Swerve > Curve, Coinbase Lists YFI

Sep 12, 2020

Sushi Redemption

I have returned all the $14M worth of ETH back to the treasury. And I will let the community decide how much I deserve as the original creator of SushiSwap. In any currency (ETH/SUSHI/etc). With any lockup schedule you wish. etherscan.io/tx/0xa5179a870…

The SushiSwap Saga never fails to surprise. In another M. Night Shyamalan twist, Chef Nomi, the founder of Sushiswap, has returned the developer share funds he sold before project launch.

Swerve Surpasses Curve TVL

Swerve Finance @SwerveFinance

Swerve has the best rate out of any exchange for USDC, USDT or TUSD to DAI by both exchange rate and transaction fee! Get some stables and collect your comfortable APY.

Swerve Finance, a fork of stablecoin swap exchange Curve Finance, has surpassed Curve in TVL. Since they use the same algorithm, Swerve now actually has better rates now than Curve itself.

This situation mirrors that of SushiSwap and Uniswap. Like Swerve, Sushiswap sucked in more liquidity than Uniswap because of its token incentives. Both of these platforms now have significantly better rates than their parent platforms.

“Show me the incentives and I will show you the outcome.” - Charlie Munger

Coinbase Lists YFI

Coinbase Pro @CoinbasePro

On Monday September 14, our YFI-USD order book will enter transfer-only mode, accepting inbound transfers in supported regions. Orders cannot be placed or filled. Trading will begin on or after 9AM (PT) Tuesday Sept 15, if liquidity conditions are met.

blog.coinbase.comyearn.finance (YFI) is launching on Coinbase ProOn Monday, September 14, transfer YFI into your Coinbase Pro account ahead of trading. Support for YFI will be available in all Coinbase’s…

Coinbase listed YFI. That is all.

Thanks for reading and stay tuned for the next episode of Today in DeFi - where every day is better than Netflix.