BlockBeats news, on December 7th, according to Snapshot data, Sushi’s new ‘Financial Diversification Proposal’ is now open for voting. Sushi CEO Jared Grey explained that currently, 100% of the Sushi treasury assets are in SUSHI Token. In the proposed diversification strategy, 70% of the treasury Holdings will be converted to stablecoins, 20% to blue-chip assets (BTC, ETH), and the remaining 10% to Decentralized Finance Tokens (such as AAVE). If implemented, the Sushi treasury will systematically liquidate the current SUSHI Holdings within a specified period to minimize the impact on the market. Implement average cost strategy during dumping and execute sales in favorable market conditions. The objectives of this proposal include: · Reduce volatility: Reduce the impact of SUSHI on the value of treasury Holdings · Enhance Liquidity: Increase the Liquidity of operational and strategic assets · Generate revenue: Explore stake, lending, or Liquidity providing opportunities. As of the time of writing, the proposal has received 270,000 SUSHI votes from 3 Addresses, all of which are ‘Agree’.
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