This proposal’s expectation is to produce a community signal. Full details and discussions thus far can be found at:
https://forum.sushi.com/t/sushi-legal-structure/9720
Synopsis: Sushi is seeking input from the community on the formation of an association or foundation in order to mitigate future risks. This will help us provide legal clarity, limit liability, and create an apparatus to manage administrative issues for Sushi with regards for all token holders and contributors.
Initial estimated budget for the setup is $85k - $100k. With a recurring cost of $10k.
As this is a signal vote, this proposal is designed to indicate a signal for Sushi to progress or not in the direction of forming a Swiss Association. The details of the Association's members and their responsibilities, general legal council, and the types of operational entities that can interact with the Association will be fleshed out before the Implementation vote, should this Signal proposal pass.
TLDR: Continue discussion and work on the implementation of a Swiss structure to guide Sushi’s future.