Couple of people asking what I think of SBF taking essential ownership of sushiswap.

If Nomi did nothing, people would accuse every change as some hidden scheme. the latest migration code had a bug which allowed minting lp token would be viewed as malicious

/1

SBF already had a massive influence over the project. He bought and farmed a considerable supply of sushi and had a proposal that benefited serum. No way was he just going to let the system fall apart.

You could take the view of "Sam is building an evil empire" with a billion-dollar liquidity provider on his back. That wouldnt be a wrong game theory position to take but the great thing about crypto is..there's always an alternative. no one is forcing you to use an SBF property.

I think the most bearish things for the project would have been
1.) nomi doing business as usual
2.) nomi selling the rest of his shit
3.) sbf selling the rest of his shit publicly.

as far as the rest of the market price action goes it was an overreaction to something a 60% drop