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Sushi DAO financial proposal passes preliminary signal vote with 62.5% support

Sushi DAO financial proposal passes preliminary signal vote with 62.5% support

2024/04/10 14:52

PANews reported on April 10 that according to The Block, a controversial financial proposal of Sushi DAO was passed in the initial signal vote. The proposal proposed to transfer more than $40 million in financial assets controlled by the DAO to a new one managed by Sushi Labs. In the vault. The proposal has been passed in the community signal vote with a support rate of 62.5%. The implementation vote is currently underway, with a current support rate of 83%, and is expected to end on April 17. The proposal was criticized, with accusations that the core development team created new wallets before the vote to increase the team’s voting power.

As reported last week, a new SushiSwap proposal proposed moving assets from DAO-controlled vaults to new Sushi Labs.

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