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ETH $2,506.90 +0.36%
BNB $746.97 -0.96%
XRP $1.41 -0.55%
SOL $105.72 -0.84%
TRX $0.3353 +0.01%
DOGE $0.0912 +1.56%
ADA $0.2241 +1.99%
BCH $261.39 +0.98%
LINK $13.30 +7.92%
HYPE $88.06 -1.27%
AAVE $134.81 +0.12%
SUI $0.8341 +4.39%
XLM $0.1946 +4.36%
ZEC $1,192.25 +0.81%

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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