Sushi DAO's proposal to transfer DAO-controlled treasury assets to Sushi Labs' financial proposal was approved
A Sushi DAO financial proposal was passed with a support rate of 98.79% in the implementation vote. The proposal suggests transferring more than $40 million of financial assets controlled by the DAO to a new insurance fund managed by Sushi Labs, and ensuring that all future airdrops are directly sent to "Sushi Labs" rather than the "DAO". The proposal also aims to "give Sushi Labs full and exclusive operational responsibility for core product development". This proposal was criticized in the signal vote, with allegations that the core development team created a new wallet before the vote to increase the team's voting power. Former SushiSwap related person Naïm Boubziz commented that the proposal was intended to "destroy the DAO".
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Grayscale Adds XRP, Solana, Stellar to Private Placement Trusts
Cardano Network Activity Hits 2023 Highs: Is $1.5 ADA Possible?
Chill Guy (CHILLGUY): The Meme Coin That’s All About Taking It Easy
What is Chill Guy (CHILLGUY)? Chill Guy (CHILLGUY) is a meme coin on Solana that embodies the spirit of calmness and simplicity. The meme coin is inspired by a viral meme of a relaxed, low-key dog. It’s a meme that has taken the internet by storm, celebrating the art of not worrying. The character
MARA urges US to lead Bitcoin hash rate for sovereignty