SushiSwap: 100% of XSUSHI to Treasury

SushiSwap: 100% of XSUSHI to Treasury

Share this article

Chris
Chris

An editor at Coincrop


09 Dec 2022 | 2 min read
12,837 views

I

n an effort to secure SushiSwap's future past the next eighteen months, Jared Grey (CEO) has proposed that all of xSUSHI's revenue be allocated entirely to their Treasury for a period of twelve months moving forward. 

This is intended as an investment in continued success and sustainability for the platform, this proposal is to drastically amp up xSUSHI allocations from 10% to 100% for Treasury purposes.

Grey pointed out in his proposal that, due to the bear market, SushiSwap must revamp its revenue-sharing system if it wants to avoid a potential liquidity crisis.

In order to extend Sushi's Treasury runway, Grey has suggested that 100% of the protocol's income over the next year be allocated directly back into its treasury. This would allow for much-needed regeneration and strengthen Sushi’s financial stability for at least another 1.5 years.


Chris

Chris

An editor at Coincrop
View articles

Jonathan is a Coincrop staff writer based in the UK, covering the best rates for cryptocurrency earning and borrowing products. When not at work, he's likely sailing.


Our sponsor

CoinLoan combine the best of traditional and novel finance helping you borrow, swap and grow your assets.

Compare over 47,226 CeFi and DeFi products across more than 226 organizations here