Cryptoknowmics
2023-01-02 06:22:03

Sushiswap’s New Tokenomics Idea to Give Protocol New Beginning

In an effort to revitalize the protocol after a difficult year, Sushiswap’s “Head Chef,” Jared Grey, suggested modifying the exchange’s tokenomics. SushiSwap’s New Tokenomics Proposal Without diminishing current token holders or jeopardizing the protocol’s financial stability, the suggested adjustments aim to boost liquidity, expand the usage of its native token sushi, and encourage maximum value for stakeholders. According to Grey, Sushiswap’s runway is presently only 1.5 years. The proposal states that the new model’s main objectives are to promote decentralized ownership and encourage liquidity expansion through a comprehensive and sustainable reward structure that grows with volume and fees. The proposal The post Sushiswap’s New Tokenomics Idea to Give Protocol New Beginning appeared first on Cryptoknowmics-Crypto News and Media Platform .

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