SushiSwap (SUSHI) CEO Introduces New SUSHI Tokenomics: What Does It Mean for Investors?

The newly redesigned SUSHI tokenomics aims to provide a “long-term value for token holders and liquidity providers.”

Continue reading SushiSwap (SUSHI) CEO Introduces New SUSHI Tokenomics: What Does It Mean for Investors? at DailyCoin.com.

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SushiSwap CEO Suggests New Tokenomics For Liquidity And Decentralization

The chief executive officer of SushiSwap, Jared Grey, is working on revamping the tokenomics of the decentralized exchange Sushi. In addition to a token-burning mechanism and a liquidity lock for price support, time-lock tiers will be included for emission-based incentives. These features will also be available. Instead of receiving a portion of the cash generated by the 0.05% swap fee, SUSHI (xSUSHI) tokens that have been staked will be rewarded according to their emissions. It is possible to make withdrawals before the time locks have reached their full maturity, but any rewards will be lost and destroyed. (Read More)

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Sushi (SUSHI) CEO Proposes Redirecting Fees Paid to Stakers to Treasury to ‘Save Project’

Jared Grey’s proposal reveals that Sushi’s treasury has less than 1.5 years of runway left.

Continue reading Sushi (SUSHI) CEO Proposes Redirecting Fees Paid to Stakers to Treasury to ‘Save Project’ at DailyCoin.com.

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Sushiswap chief says it only has 1.5 years of treasury runway left

The DEX's operating expenses currently amount to $5 million per year.

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Sushi DAO declines CB Recruitment’s remuneration proposal – despite helping recruit head chef

Sushi DAO (SUSHI) declined the blockchain recruitment company CB Recruitment’s proposal to get paid for its role in recruiting Sushi’s Head Chef, Jared Gray.

The post Sushi DAO declines CB Recruitment’s remuneration proposal – despite helping recruit head chef appeared first on CryptoSlate.

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Sushi Chef Addresses SEC Subpoena

Jared Grey, head chef of Japan-based DAO, Sushi, stated that no one associated with Sushi has violated U.S. federal security laws in response to a subpoena from the SEC. Grey is cooperating with the SEC and stated that it is unknown whether further subpoenas will be issued to others linked with Sushi. (Read More)

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Sushi’s head chef addresses community concerns amid SEC subpoena

Japan-based decentralized autonomous organization (DAO) Sushi’s head chef Jared Grey and his counsel stated that as far as they know, no one associated with Sushi has violated U.S. federal security laws, while providing reassurance that he is cooperating with the United States Securities and Exchange Commission (SEC) subpoena. In an April 8 statement, Grey answered the [...]

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