In this post I'm going to show amount of Sushi transferred to Sushibar (xSushi).

I used 'ethereum.udm_events' table for showing my charts.

What is Sushi and xSushi?

Sushi is a community-driven organization built to solve what might be called the “liquidity problem.

When people stake their Sushi tokens they will receive a tokens in return called xSushi in the SushiBar.the xSUSHI staked earns a reward fee of 0.05% of all trades.The amount of xSUSHI in the SushiBar will not change. But the amount of Sushi it represents will. As fees are collected they are converted to $SUSHI and distributed proportionally across holders in the xSUSHI pool. So when you withdraw your xSUSHI back into $SUSHI it will be worth more $SUSHI than when you put in.

Let's start by looking at the xSushi price from beginning of 2022. It looks like a disaster to me dropping from 11$ to 4$ in the fourth months of the new year, more than 50%, so long term stakers are not happy these days.

Everytime Sushi sent to the sushibar xSushi minted, here we're looking at the amount of sushi transferred to the sushibar over the last 2 years.

You can stake your Sushi for xSUSHI from here: https://app.sushi.com/stake

Every day people are getting less interest in staking sushi and sending them to the sushibar as it can be seen in both of the above chart. All Time High (ATH) minting xSushi goes back in Nov 2020.