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SUSHI has jumped as high as 3.44% in the past 24-hour submitted by /u/Hazelrte
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According to the article, the token has seen a 53% jump in its valuation in the trailing seven-day period but has remained notably under the radar. Behind the low-key parabolic run, SushiSwap is nursing a very ambitious overhaul in its tokenomics.
I heard as well that the new CEO, Jared Gray outlined some of the systemic challenges the new proposal seeks to address, including liquidity subsidy, balancing value, and LP incentives, among others. I really hope so, that would be great.
The proposal for the next stage in the SushiSwap tokenomics model outlined its economic model with plans to generate fees from its trading, routing, and staking offerings. Additionally, the strategic partnership it plans to ink moving forward will also add to its revenue stream moving forward.
I have been using SushiSwap for a very long time, and even though I'm thinking about switching to Caga Crypto because, unlike other DeFi DAOs, CAGA Crypto employs a unique voting system that promotes transparency and an active community, considering everything, I will most surely use both.
It seems to me that the goals of SushiSwap with these revamped tokenomics are multifaceted and hinge on the promotion of decentralization, amplifying liquidity, and bolstering the utility of SUSHI. Don't you think?
What are your thoughts regarding the latest news on Sushi?
[link] [comments]/u/Hazelrte
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