Controversial Sushi DAO Treasury Proposal Passes Signal Vote

Wednesday, 10 April 2024, 14:28

A governance proposal recommending the transfer of over $40 million in DAO-controlled treasury assets to a new vault managed by Sushi Labs has passed a signal vote. The controversial decision raises questions about the future governance and control of the funds within the decentralized organization.
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Controversial Sushi DAO Treasury Proposal Passes Signal Vote

A Controversial Proposal

The governance proposal suggests transferring more than $40 million in DAO-controlled treasury assets to a new vault managed by Sushi Labs.

Implications and Concerns

  • Immediate Impact: This decision has stirred debate within the DAO community, with concerns about the level of control and transparency.
  • Future Governance: The approval of the proposal raises questions about the governance structure and decision-making processes within the decentralized organization.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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