A new update is on the agenda in SushiSwap, the 7th largest decentralized exchange with deposits of $ 739 million. SushiSwap one of the main participants of its platform, aiming at a series of improvements in the structure of the decentralized exchange (DEX) DAO “Meiji Governance Rework” released the update to the community.
The new CEO of SushiSwap Jared Graysaid the following about the update offer:
“The Meiji update may make the management of SushiSwap more fair and decentralized.”
If the update vote is successful, SUSHI The way the project is managed will change. Meiji DAO will replace Sushi DAO in project management. The developer who prepared the proposal explains its purpose as follows:
“Meiji DAO will take over all the powers of Sushi DAO. Meiji will greatly contribute to the creation of a more decentralized decision-making mechanism on the SushiSwap platform.”
While the update has yet to be rated, the SUSHI community is debating how useful the changes are. The general opinion is that the update will have a positive effect. The main topic at SushiSwap these days is the accusations against the new CEO.
SushiSwap CEO Accused!
CEO Jared Gray, who just took his seat at the beginning of the month, faced a number of accusations at the beginning of last week.
Allegedly, Gray embezzled users’ resources on his previous venture Bitfineon exchange.
Gray denied the allegations in a detailed statement on Twitter.
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