BTC $62,728.97 -1.56%
ETH $1,871.56 -0.90%
BNB $607.03 -0.73%
XRP $1.00 -0.82%
SOL $75.43 -0.84%
TRX $0.3332 -0.13%
DOGE $0.0694 -1.43%
ADA $0.1818 -1.87%
BCH $204.92 -4.63%
LINK $8.82 +1.34%
HYPE $56.40 -2.24%
AAVE $86.71 -2.51%
SUI $0.6777 -1.84%
XLM $0.1584 -1.49%
ZEC $487.43 -1.78%
BTC $62,728.97 -1.56%
ETH $1,871.56 -0.90%
BNB $607.03 -0.73%
XRP $1.00 -0.82%
SOL $75.43 -0.84%
TRX $0.3332 -0.13%
DOGE $0.0694 -1.43%
ADA $0.1818 -1.87%
BCH $204.92 -4.63%
LINK $8.82 +1.34%
HYPE $56.40 -2.24%
AAVE $86.71 -2.51%
SUI $0.6777 -1.84%
XLM $0.1584 -1.49%
ZEC $487.43 -1.78%

SushiSwap's new CEO releases a community proposal for "Deploying New Token Economics for SUSHI"

2023-11-07 11:01:55

ChainCatcher news, SushiSwap's new CEO Jared Grey has released a community proposal for the deployment of a new token economics for SUSHI, which is currently undergoing a poll.

The new token model is built on the foundation of protocol sustainability, enhanced token utility, and diversified funding, mainly focusing on four aspects: liquidity subsidies, improving the efficiency of liquidity subsidies to reduce SUSHI's annual emission costs; balance value, ensuring that SUSHI's income is sustainable in relation to its emissions; financial stability: addressing the current emission-to-income ratio affecting economic viability to enhance stability; LP incentives: the incentives for liquidity providers need to be readjusted to remain competitive; staking mechanism, considering modifications to xSushi staking; xSushi distribution: ensuring a fairer value distribution of xSushi staking among participants.

Related tags
Related tags
app_icon
ChainCatcher Building the Web3 world with innovations.