Liquidity Migration™️ Proposal

Voting ended over 5 years agoSucceeded

With the complete audits of SushiSwap smart contracts by Quantstamp (security review) and Peckshield (full audit) without critical/high severity issues, the SushiSwap protocol is ready to do liquidity migration to spin off the first community-owned AMM. Vote on this proposal if you agree that we should perform liquidity migration before the end of initial bonus reward distribution period.

With its own AMM, SushiSwap will be able to collect 1/6 of trading fees to distribute back to $SUSHI token holders. Note that liquidity migration requires no action from liquidity providers. The process will be seamless and everyone will maintain the same amount of LP tokens.

If this proposal passes, Chef Nomi will deploy all the necessary smart contracts - Migrator, SushiSwapFactory (UniswapFactory), SushiMaker, and SushiBar - and set "setMigrator" function call the Timelock smart contract. 48 hours after the timelock, liquidity migration will happen.

Voting period for this proposal is 1 day. Chef Nomi trusts you guys, so please vote responsibly and reasonably.

Off-Chain Vote

Yes

442.94K 86.7%

67.77K 13.3%

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Timeline

Sep 03, 2020Proposal created

Sep 03, 2020Proposal vote started

Sep 04, 2020Proposal vote ended

Jan 23, 2024Proposal updated