SushiSwap is Now Fully in the Hands of the Community

SushiSwap is Now Fully in the Hands of the Community

By Abhimanyu Krishnan | News | 18 Sep 2020


The SushiSwap platform has fully transitioned into community control, according to posts by the team and FTX CEO Sam Bankman-Fried made on September 17 and 18.

  • Bankman-Fried, who rescued the SushiSwap platform, confirmed that the control was passed to multi-signature control
  • He also offered some suggestions to the community regarding how to proceed, recommending a margin trading feature and developer incentives to build on SushiSwap
  • SushiSwap is a fork of Uniswap, and has received both criticism and praise for its platform
  • Creator under an alias Chef Nomi was criticized for liquidating a large sum of SUHI tokens; the $14 million was returned following community backlash
  • Related Reading:

Abhimanyu Krishnan
Abhimanyu Krishnan

Technophile, cryptocurrency enthusiast and journalist.


News
News

Official Publish0x Crypto News Channel

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.