SashimiSwap HandBook
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  • SashimiSwap
  • 1.Introduction to SashimiSwap
    • 1.1 SashimiSwap project introduction and structure
    • 1.2 SashimiSwap Exchange
    • 1.3 SashimiSwap Farms
    • 1.4 Sashimi Lending
    • 1.5 SashimiSwap Investment
    • 1.6 SashimiSwap Vaults
    • 1.7 Governance
    • 1.8 Sashimi Bar (Staking SASHIMI)
    • 1.9 Sashimi Bridge
  • 2.Introduction to SashimiSwap's assets
  • 3.Configure RPC network on Metamask
  • 4.Roadmap
  • 5.Official resources
  • 6.Manage the contract authorization information of the wallet
  • 7.FAQ
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  • Governance Model Introduction
  • Structure of the First Sashimi Governance Committee
  • Proposal Rules

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  1. 1.Introduction to SashimiSwap

1.7 Governance

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Last updated 4 years ago

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Governance Model Introduction

SASHIMI-ETH LP Token (i.e. SASHIMICHAKRA) need to be used for SashimiSwap on-chain governance. Any user can initiate a proposal on , and any user holding SASHIMICHAKRA can vote for or against the proposal.

Proposal website:

Structure of the First Sashimi Governance Committee

Size of Sashimi Governance Committee: 5 members (might be expanded in the future)

The Committee has the following responsibilities:

1. Initiate a proposal as a member of the core team.

2. Hold multisig of timelock for future changes.

3. Give advice on Sashimi's development.

Term of Committee members: to be elected every six months

Time of establishment: October 20, 2020

Proposal Rules

  • The voting period is unlimited, the default period is three days.

  • Vote by using the SASHIMI-ETH SALP Token (i.e. SASHIMICHAKRA) staked in the Farms, one token, one vote.

  • The proposal will be passed after the participation rate reaches 30% and the Yes votes exceed 60%.

  • When the core team initiates a proposal, a proposal number needs to be added before the title, and add ‘1’ based on the latest proposal number. For example, if the latest proposal number is [SAIP-0001], then the proposal number should be [SALP-0002] when initiating a new proposal.

https://snapshot.sashimi.cool/#/sashimi
https://snapshot.sashimi.cool/#/sashimi