2 years ago
Members of the Sushi DAO person passed a connection seeking to retrieve astir 6.2 cardinal SUSHI tokens to the Treasury, from aboriginal liquidity providers who are yet to assertion their rewards.
Back successful 2020 erstwhile SushiSwap was launched, it rewarded aboriginal liquidity providers (LPs) with SUSHI tokens that were locked and vested implicit the play until Oct. 12, 2021.
According to the Merkle Distributor address, astir 6.2 million SUSHI tokens worthy astir $8.36 cardinal are yet to beryllium claimed.
As a result, a connection was initiated successful April 2022 to sermon the feasibility of returning the unclaimed assets to the Treasury.
Members of the Sushi DAO voted connected the connection betwixt Jan. 16, and Jan. 23. As per the Snapshot result, the voters unanimously supported the connection with 99.85% votes. Additionally, the DAO voted for a 3-month grace play earlier the clawback is executed.
Hence aboriginal Sushi liquidity providers person until April 23 to assertion their rewards oregon forfeit them to the Treasury.
Sushi to allocate 100% to Kanpai Treasury
Sushi Head Chef Jared Grey had earlier initiated a proposal to allocate 100% of xSUSHI gross to assistance bolster the protocol’s runway for the adjacent 12 months.
After owed information by the DAO, the connection received overwhelming enactment with 99.9% of the full votes.
Going forward, xSushi holders volition not person immoderate reward, arsenic 100% of the fees volition beryllium transferred to the Sushi Treasury.
The station SushiSwap receives support to clawback 6.2M SUSHI to Treasury appeared archetypal connected CryptoSlate.
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