Sushi

Moonbeam has put forward a proposal to collaborate and launch SushiSwap on Moonbeam. The original proposal can be viewed here: https://forum.sushiswapclassic.org/t/moonbeam-sushiswap-proposal/375

Moonbeam is an Ethereum compatible smart contract platform built on Substrate, that will be deployed as a parachain on both the Kusama and Polkadot networks.

The plan to launch on Kusama and Polkadot is as follows:

• Take a snapshot of all SUSHI balances on Ethereum mainnet (xSUSHI and SUSHI/ETH SLP will be allocated correctly)
• Deploy SushiSwap on a new network (Kusama/Polkadot)
• Airdrop $moonSushi to all holders in the snapshot
• Airdrop a small amount of the native token to each account, the equivalent of ETH, which should be enough for many many transactions.

Your $moonSUSHI can be freely traded on MoonBeam and on the MoonBeam SushiSwap deployments there will be LP pools that earn $moonSUSHI as well as a ‘SushiBar on the moon’, where you get xMoonSushi, etc…

SushiSwap on MoonBeam should give access to trade many new assets on MoonBeam, Kusama, Polkadot and many Polkadot Parachains. Ethereum assets may also becomes available through bridges (similar to renBTC, tBTC on Ethereum).

$SUSHI, $moonSUSHI on Kusama and $moonSUSHI on Polkadot will be independent, each with their own 250M max cap.

MoonBeam is providing 0.25% of all genesis native tokens to SushiSwap. A good portion of these will be distributed in the airdrop. Some may be used for other incentives and/or to compensate those managing the airdrops and deployments.

If the airdrop and deployments cannot be done by the core team, external contributors (such as @LevX and @BoringCrypto) will be used. 0xMaki will negotiate reasonable payment in SUSHI and/or native tokens with them.

The aim is to launch within days of MoonBeam going live, giving SUSHI holders instant access to try this new and exciting technology without any friction (as you’ll already have some native tokens and moonSUSHI).