Decrypt’s Art, Fashion, and Entertainment Hub.
We made the decision to deprecate Kashi (Sushi Lending) and Miso (Sushi Launch Pad).
1. Kashi for a number of reasons, had a number of design flaws, ran at a loss, and had a lack of resources to dedicate to it.
2. MISO, had a lack of resources.
— I'm Software 🦇🔊 (@MatthewLilley) December 28, 2022
SushiSwap’s financial struggles
In the past 12 months, Sushi has experienced a 30M USD loss in its emissions-based reward strategy to bootstrap liquidity & incentivize LPing; Sushi spends more on emissions than swap volume generated. 3/
— Jared Grey (@jaredgrey) December 11, 2022