Introduction

What is Sushiswap?

SushiSwap is a decentralized cryptocurrency exchange and automated market maker built on Ethereum. Holders of SUSHI can participate in community governance and stake their tokens to receive a portion of SushiSwap's transaction fees.

Methodology

• We will look at how users are using the Sushi tokens that they have

• We will see how this there behaviors have chainged over time

Sushis Noob Metrics

Observations

• The most popular thing for userd to do with their Sushisw once they have received it is to transfer it, swap it, or deposit it into a defi protocol.

• Over time there has been less and less new holdrrs of the Sushi token.

Conclusion

• Nealy 3/4 of all new Sushi token holders have userd the SUSHI-WETH pool within a few dais of receing Sushi.

• There were 2 big spike in new sushi swappers in August 2021 and May 2021.

• The most popular thing for userd to do with their Sushisw once they have received it is to transfer it, swap it, or deposit it into a defi protocol.