Sushi: The new token economic model will not be deployed, all Sushi is already in circulation
On November 24th, SushiSwap officially announced that with Sushi returning to its original xSushi model, the Sushi Bar will reopen. The Sushi Bar allows xSushi holders to receive a portion of the trading fees on the Sushi DEX. By staking Sushi at the Sushi Bar, Sushi holders will receive xSushi, representing their share in the Sushi Bar and have the right to receive 0.05% of the standard trading fee of 0.3%.
As all Sushi tokens are now in circulation, there will be no new issuance of Sushi in the future. In addition, Sushi's new token economic model will not be deployed.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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