Members of the SushiSwap DAO have voted overwhelmingly in support of a proposal that sought the legal restructuring of the DAO, decentralized exchange SushiSwap [SUSHI] confirmed in a tweet on 26 October. ℹ️ Sushi Legal Structure – Implementation proposal results are in! With 11 mln (100%) votes in favor, this proposal has been accepted 🎉 […]
The DAO put forward the proposal on 22 September to seek community support on the implementation of legal restructuring that legal counseling had advised. It had earlier engaged the services of the law firm of Fenwick & West LLP to advise it on the organization of an entity structure for the DAO and its products.
In addition to these, they will also have the power to administer a treasury, administer grants, facilitate proposals, and vote on SushiDAO.