SushiSwap, a decentralized crypto exchange, is currently embroiled in a controversy surrounding governance manipulation and financial transparency issues. The community has raised concerns about the deletion of parts of the governance forum and the disregard of snapshot votes by the core team.

SushiSwap Governance Forum Deletion

In a recent post by former SushiSwap contributor Naim Boubziz, it was revealed that the core team had deleted sections of the governance forum, sparking criticism of the project’s use of treasury funds. This move has led to tensions within the community as transparency and governance processes are called into question.

#Sushiswap: The $sushi core-team have just completely deleted the forum where the proposals were debated. Even the subdomain below no longer exists. After contacting Discourse, they confirm the only way to do this was to contact them by e-mail. Bad day. – Naïm Boubziz

Snapshot Governance Proposals Removed

Following the deletion of the forum, the Sushi operations team removed four snapshot governance proposals advocating for forum restoration and increased transparency regarding treasury funds. Additionally, the team restricted the creation of new snapshot votes to core team members only, sparking further criticism from the community.

One of the proposals expressed concerns about the custody of Sushi treasury funds by the operations team and called for greater transparency and accountability within the project’s DAO structure. Despite these concerns, no significant changes have been implemented.

Community Allegations

Sources close to the SushiSwap community have alleged that the core team is attempting to “hold the DAO hostage” by limiting community input and transparency. Reports indicate that critical forum posts have been deleted, users banned, and roles stripped in response to pushback from the community.

Despite mounting concerns and allegations, SushiSwap has not publicly addressed these issues or provided reassurances about its management practices at this time.

For more updates on the latest developments in the crypto space, stay tuned to Global Crypto News.

Post Views: 3