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Sushi DAO plans to transfer financial assets controlled by DAO to Sushi Labs

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2024-04-17 09:41:05
A Sushi DAO finance proposal, approved in an implementation vote with 98.79 per cent support, proposes moving DAO-controlled financial assets in excess of $40 million into a new vault managed by Sushi Labs and ensuring that all future airdrops go directly to "Sushi Labs" rather than "The DAO". The proposal also aims to "give Sushi Labs full and exclusive operational responsibility for core product development".
The proposal, which Naïm Boubziz, a former SushiSwap associate, commented was aimed at "destroying the DAO", was criticised in the signal vote for the core development team to create new wallets before the vote to increase the team's voting power.
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