Sushi and the Merge
The Ethereum merge brought some uncertainty to DEFI markets.
- Pay by Quality
- Your score determines your final payout.
- Grand Prize
- 177.725 SUSHI (A score of 11 or 12 earns you a Grand Prize title)
- 118.483 SUSHI
- Score Multiplier
- 0-7 : 0% 8 : 50% 9 : 75% 10 : 100% 11 : 125% 12 : 150%
- Payout Network
The Ethereum merge brought some uncertainty to DEFI markets. It got many market makers (MM) to remove liquidity from defi to lower their risk. After the merge, some have redeployed the liquidity, and some haven't.
Analyze the behavior of Sushi MMs 2 weeks prior to and after the merge. How much capital did they withdraw? which pools/chains got affected the most? Have they redeployed back their capital? Can we say anything about their identity (Tokemak, etc)?