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BNB $604.50 -1.00%
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TRX $0.3308 -0.40%
DOGE $0.0698 -0.24%
ADA $0.1777 -0.58%
BCH $203.44 -1.15%
LINK $9.38 +0.68%
HYPE $57.34 +1.88%
AAVE $85.95 -0.68%
SUI $0.6766 -0.77%
XLM $0.1567 -0.85%
ZEC $487.51 -0.37%

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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