SushiSwap Discusses Possibility of Suspension of Rewards for xSushi Holders
Decentralized exchange (DEX) new chef SushiSwap has revealed that the project is running out of reserve capital to support operations and development. SushiSwap CEO Jared Gray revealed that the community is now discussing a proposal to transfer 100% of xSushi holders’ rewards to the company’s balance sheet: “Following a cost analysis, it is clear that a significant treasury deficit threatens Sushi’s operational viability and requires immediate correction.” Gray claims that $5 million is needed to…