SushiSwap passes 100% fee relocation, 10.9M SUSHI clawback proposals
100% of trading fees on the platform will soon be redirected to the SushiSwap treasury for maintenance and expenses.
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DeFi should complement TradFi, not attack it: Finance Redefined
Top 100 DeFi tokens continued their bullish momentum into third week of January with majority of the tokens trading in green on weekly charts.
SushiSwap CEO proposes new tokenomics for liquidity, decentralization
The new tokenomics intends to boost liquidity and decentralization in the platform, enabling SushiSwap to continue operations.
Disgraced FTX Co-Founder Accused of Moving $684K in Crypto Assets While Under House Arrest
According to an analyst on Dec. 29, 2022, the disgraced co-founder of FTX, Sam Bankman-Fried (SBF), may have cashed out $684,000 in crypto assets while under house arrest. If the…
FTT Breaks $1 Support for the First Time Since FTX Collapsed, Token Struggles With Dwindling Trade Volume
Despite FTX’s collapse last month, the trading platform’s crypto token FTT had managed to not plummet all the way down to zero, and surprisingly it hovered below the $2 per…
SushiSwap CEO reveals DEX lost $30M on LP incentives this year
"Ultimately, we must harden the business model to produce more swap volumes & generate more fees," wrote CEO Jared Grey.
Sushiswap chief says it only has 1.5 years of treasury runway left
The DEX's operating expenses currently amount to $5 million per year.
SushiSwap to Create Legal Entities in Panama And Cayman Islands
With regulators displaying greater interest in cryptocurrency, SushiSwap and other DAOs are gearing up to improve their legal structures to avoid unnecessary penalties or lawsuits. On October 26, Sushiswap, a…
SushiSwap to create three DAOs in Panama and Cayman in business restructuring
The proposal received 100% votes, establishing the DAO Foundation, the Panamanian Foundation, and the Panamanian Corporation.
New SushiSwap ‘Head Chef’ Dismisses All Accusations
A week after being elected as SushiSwap’s new “head chef,” Jared Grey has already landed in trouble for a myriad of crypto frauds. Accusations range from multiple scams and copyright…