.SushiSwap’s developers proposed to divert 100% of fees generated on the platform to multisig for one year or until new tokenomics are implemented. By shauryamalwa
Developers, however, maintain that the proposal is to ensure the long-term operations of Sushi.
“Bear market environments present multiple challenges for projects and teams, and recently, we’ve seen many notable projects lay off substantial personnel or go bankrupt,” Gray noted in the proposal. “It makes little sense for Sushi to follow a similar path when it has an opportunity to capture its singular significant source of revenue and direct it back to the treasury for the benefit of all,” he added.
The Sushi team had increased its funding by securing several multi-million dollar partner deals, Gray said, cautioning that relying on such business development deals is only “part of a successful business model to secure Sushi’s future.”
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