Sushibar Servings "Sushiswap Bounties"
Draw charts showing sushi tokens transferred to the Sushibar. Do it at different frequencies and describe the trends if any.
An abstract of Shushibar?
xSushi is the token you receive in exchange for staking SUSHI tokens in the SushiBar, similar to our SLP tokens. The value of the token will rise when fees from our trading platform are "served to the SushiBar." Because platform fees increase the value of xSUSHI, it is always worth more than a traditional SUSHI coin. When the rewards contract is called (at least once per day), all LP tokens are sold for Sushi (on SushiSwap Exchange). The newly acquired Sushi is then split evenly among all xSUSHI holders in the pool, meaning that their xSUSHI is now worth more SUSHI. Because of the way rewards are computed, the price of xSUSHI will climb in lockstep with the value of SUSHI, and the value of one xSUSHI will always be more than the value of one SUSHI.
As we can see in the following chart, the amount of sushi tokens transferred into sushibar is decreasingly over time by monthly, and if you look carefully. .
As you can see in the graphs below, there has been no sign of such a large number of sushi token being transferred to Sushibar since February 27, 2022, which might explain the token price fall.