According to the Snapshot page, the Sushi community's "Financial Diversification Proposal" is now open for voting, and the voting ends at 5 a.m. on December 14. Sushi CEO Jared Grey explained that currently 100% of Sushi's treasury assets are SUSHI tokens. In the proposed diversification strategy, 70% of the treasury holdings will be exchanged for stablecoins, 20% for blue-chip assets (BTC, ETH), and the remaining 10% for DeFi tokens (such as AAVE). If this operation is performed, the Sushi treasury will first systematically liquidate the current SUSHI holdings within a specified period to minimize the impact on the market. Implement an average cost strategy in the sell-off and execute sales under favorable market conditions.
The goals of the 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 income: Explore opportunities for staking, lending or liquidity provision data shows.
Currently, the proposal has received 270,000 SUSHI tokens voted in favor, which is still a long way from the 5 million SUSHI required for the proposal to meet the requirements.