Home web3.0 Is SushiSwap manipulating governance and finances?

Is SushiSwap manipulating governance and finances?

Mar 09, 2024 pm 07:25 PM
cryptocurrency governance exchange dao

SushiSwap sparked controversy in the community after it removed its financial opacity after being accused of manipulating governance and forums.

The SushiSwap community has been increasingly accused of governance manipulation and a lack of financial transparency following the removal of the governance forum.

SushiSwap, a decentralized cryptocurrency exchange, faces criticism from the community. The community accuses it of tampering with governance processes, ignoring voter preferences and causing growing dissatisfaction over financial decisions.

At the end of February, former SushiSwap contributor Naim Boubziz revealed that the project’s core team deleted certain content on the governance forum, which raised his concerns about how funds were used.

SushiSwap 是否在操纵治理和财务?

On March 4, Boubziz said that the Sushi operations team withdrew four governance proposals calling for the forum to be restored and financial funding to be more open. Boubziz further clarified that only core team members have the authority to organize new votes.

SushiSwap 是否在操纵治理和财务?

One proposal that has attracted much attention involves the operations team that will be responsible for handling Sushi’s financial funds. The proposal called on the community to address issues with the decentralized autonomous organization (DAO) structure, a vision that later proved controversial.

SushiSwap Governance Inaction

Some suggestions suggest suspending the role of remuneration committees, making their salaries public, and disclosing any legal entities set up by operational teams. However, nothing has changed on these fronts.

People familiar with the SushiSwap community responded to The Defiant and said that the core team is trying to control the DAO. They said they had censored forum posts, removed objections, banned users and removed characters in response to criticism. .

Despite growing concerns, as of the time of the report, SushiSwap had not publicly responded to the allegations or provided assurances about its management practices.

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