Weekly Round-up September (Week 1)
Introducing Toshokan, a community-first blog for Sushi

Introducing Toshokan, a community-first blog for Sushi

Today we're excited to introduce Toshokan (図書館 Japanese word for library), our new blog that will help keep our community informed about the latest happenings at Sushi.

3 min read

Weekly Round-up September (Week 1)

This is a weekly update covering interesting news happening in the Sushi community. If you’ve missed the latest forum call, or haven’t had a chance to browse the forum then read on!
Weekly Round-up September (Week 1)

Head Chef Search Nears a Finale

Two more candidates for the Head Chef role spoke during the Sept 1st Community Call. Be sure to check the Sushi Forum where all the Head Chef candidates are currently putting up their responses to Community and Team questions. All Head Chef candidates will also have their own proposal/introduction available as well!

Wally!

Paul “Wally” Walton has been in the crypto space for 7 years. Wally was the Chief Marketing Officer for Telos, an EVM blockchain, and is currently the BD manager of Easy Energy Finance – a group focused on raising funds within crypto for green energy solutions.

Wally has a strong background in Trade-Fi, having worked for the London Stock Exchange for 5 years where he helped retool the exchange to handle crypto assets. He’s interested in focusing on problems Sushi faces with respect to the DEX’s trade volume and liquidity. He placed particular importance on Sushi’s need to find ways to address the risks of impermanent loss for liquidity providers, stating that large buyers would find liquidity providing more appealing if they had tools to offset this risk. He also thinks there would be value in finding a way to allow large buyers to have access to a lower bps fee tier as this would drive them to use the DEX. How this multi-tiered fee structure could be implemented and whether Sushi’s liquidity is currently deep enough to handle large buyers’ appetites remains to be addressed.

Dabiiibii!

Dabiiibii (A DaBaby fan maybe?) comes to us with a decade of experience in FAANG where he was leading a product management and software engineering team that was generating $2B in revenue. He also has experience in the business management side of things. He has been keen on web3 since September 2021 and has moved full-time into the space. He’s done work for Juicebox DAO and Keeper DAO – specifically their FOREX project.

Dabiiibii wants Sushi’s brand to become more professional. He is strongly in favor of the proposal to rebrand Sushi to use names that make Sushi’s product line more comprehensible to the uninitiated user base. He also indicates that Bentobox is one of Sushi’s greatest assets and wants to see the focus on such products.

Dabiiibii is also a big fan of analytics tools. He thinks Sushi needs to put more time into developing and utilizing such tools to increase where it should focus its products and efforts. Dabiiibii even suggests putting together an in-house analytics team. This could help fill the space that was occupied by Gauntlet.

A criticism Dabiiibii has is that despite having great documentation, Sushi lacks a central resource hub for access to all of its document resources. Sushi currently posts links to its various resources on Discord, Twitter, and its Forum; but there should be a way for users to find all these resources with less hunting.

One interesting idea that he has for Sushi is to create its own stablecoin. Since Sushi has Kashi Lending already, there could be some justification for allowing for a collateralized stablecoin of Sushi’s own.

Sushi’s Second Birthday and a Contest

Sushi just had its second birthday! To celebrate, Sushi is holding a contest using AI-generated Sushi-themed art. Look to vote on your favorites starting September 8th. The winners of the contest will be tokenized (not the people, the art!) and will be dropped to Sushi users. Exciting!

Neil mentioned during the forum call that a forum post outlining Fenwick’s recommendations for Sushi’s legal entity will be posted in the proposal section of the forum soon. The community has long awaited more information on what is happening with the legal structure and so this is a welcome announcement.