Sushi

This proposal’s expectation is to produce a community signal. Full details and discussions thus far can be found at: https://forum.sushi.com/t/reinstated-increase-kanpai-treasury-allocation-to-100/11475

Synopsis:

With the introduction of Kanpai and a Treasury Payout Ratio, this proposal is a modification of the previously set payout ratio from 10% to 100% of the Sushi fees to the Treasury. Payout Ratio to the Treasury will stay in place for one year or until new tokenomics are implemented. Revenue to the treasury will be in the form of 50% ETH and 50% USDC, with projection of ~$6m being earned over the next year if this proposal were to pass.

Kanpai is a temporary solution to a long-term problem, and a new tokenomics proposal is on the horizon, which will help address the long-term value proposition of Sushi for it’s community and stakeholders.

For governance, things will stay the same with xSUSHI still being used as governance voting, and depreciation of xSUSHI will not take place with the passing of this proposal.

Proposal is in the form of a Signal vote, and an implementation vote will follow using the usual Sushi Governance Process.

TLDR:

100% fee redirect to the Treasury for 1-year