🎙️Sushi Forum #50🎙️

Overview:

• TVL on Arbitrum reaches $360 million
• Celo partnership and new incubator project - FujiDAO
• Something brewing on the LevX DAO discord..? 👀
• New Polygon farms

Community Suggestions:

• Add flashbots protection to reduce MEV opportunities

Proposals Discussed 📜

SousChef + YieldToken

• Upgraded version of the current masterchef contract. LevX wants to turn it into a money lego to promote interoperability
• Add liquidity ➡️ Stake LP Token in SousChef ➡️ Receive YieldToken
• YieldToken has a built-in function which automatically harvests and stakes all accrued SUSHI rewards. Holders earn extra yield since all SUSHI rewards are constantly converted to xSUSHI
• External protocols can add farming rewards to YieldToken to increase incentives for users to add liquidity
• Users don't need to manually harvest rewards
• YieldToken can be burnt to get back initial liquidity staked + all SUSHI rewards + all extra rewards provided by protocols
• YieldToken could also be used as collateral or sold on the market