SushiSwap team treasury takeover looks likely, despite heated debate

Voting for and against the proposal was evenly matched but recently tipped in favor of the ‘yay,' despite continued criticism of the plan on social media. Voting ends April 10.

A controversial proposal to change SushiSwap’s treasury structure by the team behind the decentralized exchange looks like it may go through, despite vocal opposition to the proposal on social media.

The SushiSwap team made a controversial governance proposal on March 26 to “significantly evolve Sushi by adopting a Labs model.”

It aims to restructure the current organization to “enhance operational efficiency and accelerate protocol development.”

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