The SushiSwap governance proposal proposes to transfer assets from a DAO-managed treasury to a new DAO-managed treasury. episode episode
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Labs will ensure that all future airdrops are delivered to the Sushi Labs vault.
“We propose that Sushi DAO grant 25 million Sushi tokens to Sushi Labs, including assets from Arbitrum airdrops, business development and partner grants, Kanpai 2.0, Sushi 2.0, rewards, stablecoins and ‘Sushi House’ funds. request.” Here’s a suggestion from SushiSwap developer Jiro:
The proposal also stipulated that the new Sushi Labs entity would be the sole beneficiary of any future airdrops awarded to Sushi by the protocol and its partners.
Evolution of the sushi ecosystem
According to Jiro, the proposal aims to advance Sushi by adopting a laboratory model, “whereby we will restructure our current organization to increase operational efficiency and accelerate protocol development.”
The developer added that the move was necessary because the current SushiSwap governance process “requires more flexibility to accelerate the pace of development.” Additionally, the proposal aims to “give Sushi Labs complete and sole operational responsibility for core product development.”
Typically in the case of cryptocurrencies, labs conduct research and development to promote the protocol, while DAOs are decentralized governance organizations and decisions are typically not centralized.
SushiSwap’s ‘chef’ Jared Gray told The Block that the proposal is part of a necessary restructuring of the governance model for the benefit of both Sushi holders and the DAO. “The goal of our proposal is to optimize the relationship between operational elements and DAOs,” he said. He added that the proposal provides a path to faster product delivery and ensure operational continuity and DAO autonomy.
However, the proposal received criticism in the form of X.com. post From an individual previously associated with SushiSwap who questioned the scale of the transfer from the DAO-controlled treasury to the Sushi Labs vault.
Voting on the proposal ends on April 10, and a current snapshot shows 68.46% against and 31.54% in favour.
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