As a DAO, Sushi is built to be ultimately governed by it’s community.
All community members can decide to participate and contribute to the project and it’s future at any point of time.
Major structural changes are always voted on by the community. Everyone is welcome to contribute. However, processes like: day-to-day operations, re-balancing of pools and ratios, business strategy, and overall development of the protocol is ultimately decided on by the team working on Sushi.
Sushi has a treasury where 10% of SUSHI emissions are used to cover expenses and the team’s salaries.
Compared to some projects, the Sushi treasury is not entirely controlled by on-chain votes.
It uses a Gnosis-safe multisig. This means that it is controlled by different signers. For an execution to take place, the majority of signers needs to be in agreement. Six signers out of nine need to agree to execute a transaction with the treasury multisig.
Sushi also has an OPS multisig that is used for day to day operations and expenses. This is managed by six individuals. Three of the six need to agree to execute a transaction.
Currently the individuals are:
All important restructuring and proposals have to go through community reviews.
They are usually first posted on the Sushi official forum allowing other community members to comment and improve on the idea. This is a very important step in the governance process.
If a proposal receives enough traction, the team will put it up for Snapshot.
Snapshot is an off-chain interface where the community votes on a proposal. This means that it’s free to vote (no gas fees required).