DeFi Protocol Sushi Passes Two Governance Votes to Strengthen Treasury

DeFi Protocol Sushi to Shutter Lending Product to Focus on DEX

xSushi tokens were issued to users who staked tokens on the trading platform SushiSwap allowing them to receive 0.05% as a reward from each trade. Of this, 10% was directed to the SushiSwap treasury. However, as a result of Monday’s proposal decision, 100% of all fees will be sent to the treasury, leaving no rewards for xSushi holders.

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