The new CEO of Sushiswap (SUSHI), one of the popular decentralized finance (DeFi) protocols, initiated a vote to update the token economy.
SushiSwap’s new CEO Jared Gray He made a remarkable post on November 3. Introducing the new token economy for SUSHI to the community, Gray accompanied voting started it.
If the vote is accepted by the community, SUSHI token in the economy There will be significant changes. This update, which is expected to be implemented, is aimed to move the project forward in areas such as protocol sustainability, increasing token usage and treasury diversification.
Also with the update staking And liquidity pools It is planned to increase primary revenues from transactions and revenues provided through strategic partnerships. In this way, for the Sushi treasure sustainable And various resources It was emphasized that the resources obtained would be spent on the project and the community.
Making a statement about the issue in the official Sushi forum, the CEO made the following remarkable statements:
We are seeking feedback on our latest effort to improve Sushi’s token model to solidify its role in the ongoing success of the protocol and contribute to its growth. This new token economics is built on three pillars: protocol sustainability, increasing token usage, and treasury diversification. We invite you to review the proposed changes linked below that would create synergies to support a resilient token economy.
According to CoinGecko data, SUSHI price increased after the update announcement shared by the CEO. 10% increasing $1,040 from level 1.14 rose to the dollar. However, SUSHI, which could not maintain its upward momentum at the time of writing, from $0.978is being processed.
Stock Exchange CEO Presented an Exciting Proposal for Altcoin: Change in the Economy! The article titled was prepared by Tugay Erdem and published on koinbulteni.com.