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The controversial Sushi DAO financial proposal has passed the implementation vote, intending to transfer the financial assets controlled by the DAO to Sushi Labs

The controversial Sushi DAO financial proposal has passed the implementation vote, intending to transfer the financial assets controlled by the DAO to Sushi Labs

2024/04/17 09:48

PANews reported on April 17 that a controversial Sushi DAO financial proposal was passed with a support rate of 98.79% in the implementation vote. The proposal proposes to transfer more than $40 million in DAO-controlled financial assets to Sushi Labs managed in the new vault and ensure that all future airdrops are sent directly to “Sushi Labs” and not “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 accusations that the core development team created new wallets before the vote to increase the team's voting power. Former SushiSwap related person Naïm Boubziz once commented that the proposal aims to "destroy the DAO."

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