Sushi's new "Financial Diversification Proposal" is now open for voting
According to Snapshot data, Sushi's new "Financial Diversification Proposal" is now open for voting. Sushi CEO Jared Grey explained that currently 100% of the Sushi treasury assets are in SUSHI tokens. In the proposed diversification strategy, 70% of the treasury holdings will be converted into stablecoins, 20% into blue-chip assets (BTC, ETH), and the remaining 10% into DeFi tokens (such as AAVE).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: A certain whale sold 7,621 ETH in the past 3 days, cashing out approximately $23.85 million.
Pudgy Penguins will launch a brand animation at the Las Vegas Sphere during Christmas.
Data: Suspected BitMine new wallet withdraws over 23,600 ETH from an exchange, worth approximately $73.4 million
US SEC Issues Crypto Asset Custody Guidelines, Systematically Outlines Wallet Types and Key Risks
Trending news
MoreCrypto prices
More
