The Snapshot page shows that the community proposal "Deploying New Token Economics for SUSHI" initiated by SushiSwap's new CEO Jared Gray has opened Signal voting and the voting will end on November 25.
The new token model is built on protocol sustainability, token utility enhancement, and funding diversification, including:
- Liquidity subsidy: Improve the efficiency of liquidity subsidy, thereby reducing SUSHI’s annual release cost;
- Balance value: Make SUSHI’s income and release sustainable;
- Financial Stability: Address current release-to-income ratios that impact economic viability to enhance stability;
- LP incentives: Incentives for liquidity providers need to be realigned to remain competitive;
- Staking mechanism: We are considering modifying xSushi staking;
- xSushi Distribution: Enables xSushi staking to provide a fairer distribution of value among participants.
Additionally, new economic model designs are strategically expanded through DEX innovation, including the following:
- Transaction fees: the main source of income from transactions in the liquidity pool;
- Routing fee: transaction fee income obtained through Aggregation Router;
- Staking fees: potential income from staking rewards;
- Partnerships: Opportunities for revenue growth through strategic partnerships.