Home Coins Litecoin (LTC) SushiSwap head chef dumps tokens; plans to focus on migration

SushiSwap head chef dumps tokens; plans to focus on migration

SushiSwap head chef dumps tokens plans to focus on migration

On the heels of skepticism of the project, SushiSwap project head, Chef Nomi, dumped SUSHI tokens over the weekend.

In a series of tweets, the anonymous personality Chef Nomi claimed converting SUSHI tokens is meant to move the project away from doubts on its migration from Uniswap to SushiSwap. 

“I did the recent move because I care about the community. I’m taking IL for you. But all I received was blaming and FUDing. Here’s what happened. The devshare part of me. I converted them to $ETH. I stop caring about price and I will focus on the technicality of the migration.”

Sushi has been under scrutiny for the past few weeks as Chef Nomi was the only person to have access to $27 million in SUSHI tokens. Chef Nomi said these tokens were held for further development of the project. The project has been a rising star, representing at least 77% of the action on Uniswap as of Sept. 1.

Chef Nomi said the move is consistent with what other developers have done for their coin’s success: 

“People asked if I exited scam. I did not. I am still here. I will continue to participate in the discussion. I will help with the technical part. I will help ensure we have a successful migration. @SatoshiLite did that and Litecoin had no problem surviving.”

SushiSwap’s general manager previously told Cointelegraph the project is still being developed despite people’s skepticism and that “code shows everything.”



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