DeFi Protocol Sushi to Shutter Lending Product to Focus on DEX

DeFi Protocol Sushi to Shutter Lending Product to Focus on DEX

As CoinDesk reported, the Sushi treasury provided for only 18 months of runway calculated from the first week of December, causing a significant deficit in its treasury. Lead developer Jared Gray proposed setting Kanpai, a fee-diversion protocol, to 100% of fees diverted to the treasury multisig for one year at the time, or until new token distribution and reward schemes were implemented.

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