Nadav Hollander, cofounder and CEO of Dharma, discusses the war currently being waged between Uniswap and SushiSwap, how this is driving up fees on Ethereum, and how Dharma’s product can get around them. In this episode we discuss:
- why he conceptually supports SushiSwap and fair launch coins
- whether or not fair launch coins really are fair
- why SushiSwap makes him nervous
- why the battle between SushiSwap and Uniswap is a so-called “vampire attack,” which is actually driving up the total value locked on Uniswap
- how the SushiSwap yield farming works
- whether or not Uniswap will release Uniswap v3 in time to compete with SushiSwap
- whether he thinks Uniswap or SushiSwap will win
- what factors matter when it comes to which will win out between two nearly identical protocols
- how Dharma’s product enables users to yield farm without paying the high gas fees on Ethereum, but what fee users will pay instead
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Episode links:
Nadav Hollander: https://twitter.com/NadavAHollander
Dharma: https://www.dharma.io
Uniswap: https://uniswap.org
SushiSwap: https://sushiswap.org
Introducing SushiSwap: https://medium.com/sushiswap/the-sushiswap-project-c4049ea9941e
Total value locked in SushiSwap: https://sushi.zippo.io
The rise in SushiSwap: https://www.coindesk.com/uniswap-defi-pulse-tvl-leader-sushiswap https://www.theblockcrypto.com/post/76419/uniswap-fork-sushiswap-700-million-total-value-locked
The frenzy of trading in $SUSHI: https://twitter.com/lawmaster/status/1300703418688864262?s=20
Technical issues/red flags raised around SushiSwap: https://twitter.com/NadavAHollander/status/1300625235427782657 https://twitter.com/AdamScochran/status/1300887520172019713?s=20 https://twitter.com/AdamScochran/status/1301243267636396032?s=20
What factors could help determine who wins: https://twitter.com/NadavAHollander/status/1300313617137500162?s=20
How Dharma is helping with high fees on Ethereum: https://twitter.com/NadavAHollander/status/1301006789081575424?s=20