SushiSwap proposed New Tokenomics: to benefit Liquidity and Decentralization. Time-lock tiers are to be introduced for emission-based rewards. LPs are to receive 0.05% Swap fees. Rewards will be forfeited if accessed prematurely. CEO Jared Grey of decentralized exchange SushiSwap plans to completely redesign the tokenomics, per the proposal introduced in Sushi’s forum on December 30, 2022. SushiSwap, soon to undergo soft rebranding to be named Sushi, was created in 2020 by a pseudonymous individual or group called Chef Nomi. The proposed tokenomics model will have time-lock tiers to be introduced for emission-based rewards. Along with a token-burning mechanism and liquidity lock for price support. It aims to boost the liquidity and decentralization of the platform. Also, it would “Strengthen treasury reserves to ensure continual operation development.” Full Article: <a rel="noreferrer nofollow noopener" href="https://www.thecoinrepublic.com/2023/01/02/sushiswap-proposed-new-tokenomics-to-benefit-liquidity-and-decentralization/" target="_blank">https://www.thecoinrepublic.com/2023/01/02/sushiswap-proposed-new-tokenomics-to-benefit-liquidity-and-decentralization/</a>