SushiSwap CEO Proposes "Deploying New SUSHI Token Economics"
SushiSwap's newly appointed CEO,Mobile mining makes money without investment app Jared Grey, has initiated a community proposal to deploy a new tokenomics for SUSHI. The proposal is currently undergoing a community poll. The new token model is built upon principles of protocol sustainability, enhanced token utility, and fund diversification, and includes:
Liquidity Subsidies: Improving the efficiency of liquidity subsidies to reduce the annual cost of SUSHI emissions.
Value Alignment: Aligning SUSHI's revenue with sustainable emissions.
Financial Stability: Addressing the current emissions-to-revenue ratio affecting economic viability to enhance stability.
LP Incentives: Realigning incentives for liquidity providers to remain competitive.
Staking Mechanism: Consideration of modifications to the xSushi staking.
xSushi Distribution: Providing fairer value distribution among participants for xSushi staking.
Additionally, the new economic model is designed to strategically expand through DEX innovations and includes:
Transaction Fees: The primary source of income from trading in liquidity pools.
Routing Fees: Income from transaction fees acquired through Aggregation Router.
Staking Fees: Potential revenue from staking rewards.
Partnerships: Opportunities for income growth through strategic partnerships.
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