Sushi DAO's proposal to transfer DAO-controlled treasury assets to Sushi Labs' financial proposal was approved

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Cointime2024/04/17 09:58

By:Cointime

A Sushi DAO financial proposal was passed with a support rate of 98.79% in the implementation vote. The proposal suggests transferring more than $40 million of financial assets controlled by the DAO to a new insurance fund managed by Sushi Labs, and ensuring that all future airdrops are directly sent to "Sushi Labs" rather than the "DAO". The proposal also aims to "give Sushi Labs full and exclusive operational responsibility for core product development". This proposal was criticized in the signal vote, with allegations that the core development team created a new wallet before the vote to increase the team's voting power. Former SushiSwap related person Naïm Boubziz commented that the proposal was intended to "destroy the DAO".

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