SushiSwap, a prominent decentralized exchange (DEX) in the decentralized finance (DeFi) system, is proposing a significant change in its governance and operations. The proposal, authored by Jiro, a SushiSwap developer, aims to allocate the treasury assets to Sushi Labs managed vaults instead of the autonomous proposal portal (APC). This shift in strategy is intended to increase efficiency and improve the protocol.
The proposal includes sending 25 million Sushi tokens to Sushi Labs, along with various resources such as the Arbitrum airdrop, partnership funds, and stablecoins. The goal is to transform SushiSwap into a more streamlined and efficient entity, allowing for faster growth and innovation.
The idea has garnered support from members of the SushiSwap community, including ‘Head chef’ Jared Grey. He believes that aligning the operational operations with the governance of the DAO model will accelerate product deployment, ensure operational consistency, and maintain DAO autonomy.
However, critics have raised concerns about the redistribution of assets and power, fearing that it could lead to unequal privileges within the community. These concerns highlight the need for careful consideration and discussion within the crypto community.
Overall, SushiSwap’s governance proposal aims to improve efficiency and innovation by restructuring its operational staffing and transferring treasury assets to Sushi Labs. The outcome of the voting on this proposal will determine the future of SushiSwap and potentially influence the direction of the DeFi space as a whole.
