Bankless

SotN #13 - SOBERING with Anthony Sassano (SushiSwap Founder DEFECTS, Farming 4 Gitcoin)

Sep 9, 2020
In this conversation, Anthony Sassano, a prominent DeFi analyst and contributor with deep insights into SushiSwap, shares his thoughts on the tumultuous changes in the crypto landscape. He discusses the dramatic exit of SushiSwap's founder and its repercussions on the community. The rise of ETH 'killers' and how protocols are directing funds to Gitcoin for public goods funding emerge as hot topics. Sassano emphasizes the importance of transparency and community governance in navigating these complexities.
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INSIGHT

Open Source and Attacks

  • Open-source projects are vulnerable to forks and attacks, as seen with SushiSwap.
  • Calling out such attacks is crucial, especially when a central party profits significantly.
ANECDOTE

Chef Nomi's Exit and SBF's Entry

  • Chef Nomi’s exit scam involved dumping Sushi tokens after building a strong community.
  • Sam Bankman-Fried (SBF) of FTX then took control, possibly as a planned move.
ADVICE

Scrutinize Projects

  • Be wary of projects with anonymous founders, large dev funds, and attacks on existing platforms.
  • Investigate and consider motivations behind seemingly altruistic actions.
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