You are viewing a single comment's thread from:
RE: Crypto Academy Week 7 Homework Post for @gbenga: DeFi Ecosystems and Projects/Protocols
Hello, Thanks for being a part of this week's class and participating in the assignment.
SushiSwap is still relatively new but then it has gained a lot of traction.
Question:
WHo founded Sushiswap, and do you think Sushiswap can do away with people's funds?
Thanks a lot for the review and feedback!
It was founded by Chef Nomi (it's a pseudo - we don't really know if it's a person or a group), along with other co-founders sushiswap and 0xMaki. Historically, they had an issue where millions of funds were taken out from the platform - this is from the pooling system they have - eventually, it was returned and they issued an apology. So it all boils down to trust and integrity. Bottomline though, if they would, they could - but everything is transparent in the blockchain so they can possibly be traced if ever they do an exit scam.