{"id":533533,"date":"2023-01-01T20:24:17","date_gmt":"2023-01-01T17:24:17","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/sushiswap-ceo-proposes-new-tokenomics-for-liquidity-decentralization\/"},"modified":"2023-01-01T20:24:17","modified_gmt":"2023-01-01T17:24:17","slug":"sushiswap-ceo-proposes-new-tokenomics-for-liquidity-decentralization","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/sushiswap-ceo-proposes-new-tokenomics-for-liquidity-decentralization\/","title":{"rendered":"# SushiSwap CEO proposes new tokenomics for liquidity, decentralization"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a214af8b1b64\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a214af8b1b64\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/sushiswap-ceo-proposes-new-tokenomics-for-liquidity-decentralization\/#%E2%80%9D_SushiSwap_CEO_proposes_new_tokenomics_for_liquidity_decentralization_%E2%80%9C\" >&#8221; SushiSwap CEO proposes new tokenomics for liquidity, decentralization  &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_SushiSwap_CEO_proposes_new_tokenomics_for_liquidity_decentralization_%E2%80%9C\"><\/span>&#8221; SushiSwap CEO proposes new tokenomics for liquidity, decentralization  &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDEvYzdmNmVkZjctZTBmMi00YWVhLWJmMmMtMDg2YjRmMTM4MjM3LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-6ed77c39>Jared Grey, CEO of the decentralized exchange Sushiswap, has plans to redesign the tokenomics of the SUSHI token, according to a proposal<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forum.sushi.com\/t\/sushi-tokenomics-redesign\/11621?u=jaredgrey\"> introduced<\/a> on Dec. 30 in the Sushi&#8217;s forum.<\/p>\n<p>As part of the new proposed tokenomics model, time-lock tiers will be introduced for emission-based rewards, as well as a token burning mechanism and a liquidity lock for price support. The new tokenomics aims to boost liquidity and decentralization in the platform, along with strengthening &#8220;treasury reserves to ensure continual operation and development,&#8221; noted Grey.<\/p>\n<p>In the proposed model, Liquidity Providers (LPs) would receive 0.05% of swap fees revenue, with higher volume pools receiving the biggest share. LPs will also be able to lock their liquidity to earn boosted, emissions-based rewards. The rewards are forfeited and burned, however, if they are removed before maturity.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">I am excited to share the vision for <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/SushiSwap?ref_src=twsrc%5Etfw\">@SushiSwap<\/a>&#8216;s new token model. I&#8217;ve posted a brief tl;dr write-up on the Sushi forum &amp; linked the entire proposal. We look forward to your questions &amp; feedback.<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/D9TO2Oi8ra\">https:\/\/t.co\/D9TO2Oi8ra<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/GBrQKPzfiH\">pic.twitter.com\/GBrQKPzfiH<\/a><\/p>\n<p>\u2014 Jared Grey (@jaredgrey) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/jaredgrey\/status\/1608861176800346112?ref_src=twsrc%5Etfw\">December 30, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Also, staked SUSHI (xSUSHI) won&#8217;t receive any share of the fee revenue, but emissions-based rewards paid in SUSHI tokens. Time-lock tiers will be used to determine emissions-based rewards, with longer time locks resulting in bigger rewards. Withdrawals before the maturity of time locks are permitted, but rewards will be forfeited and burned.<\/p>\n<p>The decentralized exchange will use a variable percentage of the 0.05% swap fee to buy back and burn the SUSHI token. The percentage will change based on the total time-lock tiers selected. The proposal notes that:<\/p>\n<blockquote><p>&#8220;Because time locks get paid after maturity, but burns h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>en in \u201creal-time\u201d when a large amount of collateral gets unstaked before maturity, it has a sizable deflationary effect on supply.&#8221;<\/p><\/blockquote>\n<p>The tokenomics redesign comes after SushiSwap&#8217;s disclosed to have less than 1.5 years of runway left in its treasury, meaning that a significant deficit was threatening the exchange&#8217;s operational viability. As reported by Cointelegraph, Sushiswap experienced a $30 million loss over the past 12 months on incentives for LPs due to the token-based emission strategy, leading the company to introduce the new tokenomics model.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/sushiswap-ceo-proposes-new-tokenomics-for-liquidity-decentralization\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; SushiSwap CEO proposes new tokenomics for liquidity, decentralization &#8220; Jared Grey, CEO of the decentralized exchange Sushiswap, has plans to redesign the tokenomics of the SUSHI token, according to a proposal introduced on Dec. 30 in the Sushi&#8217;s forum. As part of the new proposed tokenomics model, time-lock tiers will be introduced for emission-based&#8230;<\/p>\n","protected":false},"author":1,"featured_media":533534,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2023-01\/c7f6edf7-e0f2-4aea-bf2c-086b4f138237.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,89215,133011,74892],"class_list":["post-533533","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-sushiswap","tag-tokenomics","tag-tokens"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/533533","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=533533"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/533533\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/533534"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=533533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=533533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=533533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}