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BNB $740.65 -0.94%
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SOL $104.07 -1.87%
TRX $0.3337 -0.42%
DOGE $0.0903 +1.31%
ADA $0.2212 +1.46%
BCH $260.64 +1.65%
LINK $12.94 +5.18%
HYPE $85.18 -3.05%
AAVE $132.50 -0.50%
SUI $0.8189 +2.85%
XLM $0.1915 +4.06%
ZEC $1,170.07 -4.41%

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.

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