SushiSwap Community Voted - Coinleaks
Current Date:September 19, 2024

SushiSwap Community Voted

Decentralized exchange (DEX) SushiSwap users voted head chef to oversee the exchange.

Decentralized exchange SushiSwap CEO Jared Gray plans to resolve issues with the internal structure of Sushiswap that may have led to breakups in the past. Community members voted to elect Jared Gray as CEO.

SushiSwap Community Members Vote to Elect the New CEO

Members of the decentralized exchange (DEX) SushiSwap voted to elect Jared Gray as CEO. After months of debate surrounding the refactoring and management of the protocol, they have transferred their power to the DEX.

Gray, who served as the former CEO of decentralized finance (DeFi) platform EONS and CEO of cryptocurrency exchange Bitfineon, will serve as the “Head Chef” at the company. Gray, who won about 84 percent of the 13 million total votes in a five-candidate vote, said he hopes to promote protocol participation and improve the exchange’s internal organization.

SushiSwap has a similar structure to Uniswap with added liquidity mining and governance features. DEXs are Blockchain-based applications that coordinate large-scale digital asset trading among many users. Unlike centralized exchanges, instead of acting as a financial intermediary between buyers and sellers, automatic algorithms take over this job.