Sushi new proposal: to opportunistically close all positions in the treasury SUSHI, with 70% of future Holdings in stablecoins to drop volatility

BlockBeats news, on December 7th, according to Snapshot data, Sushi's new 'Financial Diversification Proposal' is now open for voting. Sushi CEO Jared Grey explained that currently, 100% of the Sushi treasury assets are in SUSHI Token. In the proposed diversification strategy, 70% of the treasury Holdings will be converted to stablecoins, 20% to blue-chip assets (BTC, ETH), and the remaining 10% to Decentralized Finance Tokens (such as AAVE). If implemented, the Sushi treasury will systematically liquidate the current SUSHI Holdings within a specified period to minimize the impact on the market. Implement average cost strategy during dumping and execute sales in favorable market conditions. The objectives of this proposal include: · Reduce volatility: Reduce the impact of SUSHI on the value of treasury Holdings · Enhance Liquidity: Increase the Liquidity of operational and strategic assets · Generate revenue: Explore stake, lending, or Liquidity providing opportunities. As of the time of writing, the proposal has received 270,000 SUSHI votes from 3 Addresses, all of which are 'Agree'.