After months of public infighting and turmoil, popular DeFi platform Sushi has cleared the first stage of community voting for an ambitious governance overhaul designed to streamline internal processes with a hierarchical, departmental structure.The proposal appears to conclude the latest chapter in a remarkably turbulent story about the protocol’s fall, rise and fall again – a … [Read more...] about Sushi Tries to Pick Up the Pieces: A DeFi Governance Case Study
SUSHI
Sushi Jumps 10% After Top Avalanche Developer Proposes Takeover
It relied on smart contracts to execute crypto-to-crypto trades, and later branched out to include lending, staking, and non-fungible token (NFT) services. Developers further expanded Sushi’s capabilities to include nearly 24 other blockchains and layer 2 solutions, a move that helped it lock over $10 billion in assets at one point. Source link … [Read more...] about Sushi Jumps 10% After Top Avalanche Developer Proposes Takeover
Sushi CTO Joseph Delong Resigns After Reports of Project Infighting
Sushi is currently looking to release Trident, a major upgrade expected to include a variety of automated market maker (AMM) models connected through Tines, an order-routing engine, as well as BentoBox, a yield-bearing base layer for the various AMMs. Sushi’s primary product is currently a fork of Uniswap v2 deployed on various chains. Source link … [Read more...] about Sushi CTO Joseph Delong Resigns After Reports of Project Infighting
DeFi tokens SUSHI, SNX, UNI emerge as winners after China’s crypto crackdown
A little over a week ago, China renewed its hostilities towards the crypto industry as it declared all crypto transactions within its jurisdiction “illegal.”This new regulation, while it has had some negative impacts on the price of the leading digital asset, Bitcoin, alongside other cryptocurrencies in the market, the winners in the current shakedown appears to be the … [Read more...] about DeFi tokens SUSHI, SNX, UNI emerge as winners after China’s crypto crackdown
After ‘7/20’ social media campaign, Sushi reveals all-in-one AMM ‘Trident’
After months of bluster and braggadocio, decentralized finance (DeFi) platform Sushi is finally revealing the long-awaited “7/20” project update — but it remains to be seen if the new product will live up to the hype. Taking the stage this morning at the Ethereum Community Conference in Paris, Sushi CTO Joseph Delong pulled back the curtain on a new hybrid automated market … [Read more...] about After ‘7/20’ social media campaign, Sushi reveals all-in-one AMM ‘Trident’