Spring winds continue to maintain their strength in the cryptocurrency market. The leading crypto Bitcoin (BTC) has surpassed the $21,000 level and altcoin projects are mostly following it. However, SushiSwap (SUSHI) has made a vertical dive into the red zone. However, the altcoin price started to recover when CEO Jared Gray shared a to-do list and presented a roadmap.
CEO shared a roadmap, altcoin recovered!
As we reported as Kriptokoin.com, SushiSwap CEO Jared Gray shared that he has prepared a roadmap on how to revive the altcoin project in 2023. Gray linked to a Medium post where he gave detailed explanations.
Read how we're revitalizing @SushiSwap in 2023!https://t.co/KTnNgtUMaw
— Jared Grey (@jaredgrey) January 16, 2023
In Jared Gray’s roadmap for 2023, the targets are expressed as follows:
- Make Sushi a market-leading DEX obsessively focused on users.
- Unleash our DEX collection router, increase trade volumes and fees.
- A decentralized organizational structure (DAO) to promote product autonomy.
- New optimized tokens and improving liquidity, sustainability, community ownership and Treasury diversification.
- Launch Sushi’s decentralized incubator: Sushi Studios.
The altcoin started to recover from a vertical drop after the CEO of SushiSwap shared. However, SUSHI is still trading at $1.25, down 3.59% at press time. On the other hand, it turns out that the altcoin project has seen an increase of about 25% considering its performance in recent weeks.
Jared Gray’s to-do list
Structure for users
Our goal is to become a market-leading DEX by improving our product line and offering feature equity, providing a solid foundation that enables innovation such as biased LP routes through our aggregation drive and concentrated liquidity coming in Q1. And with practical educational resources like Sushi Academy, we will remain the community-driven DEX keeping up with the new era of crypto users.
Getting into the DEX aggregation business
In 2022, Sushi built the ‘aggregation router’ in stealth mode. We will take advantage of the introduction in the first quarter of 2023 to enter the DEX aggregation business. We believe Aggregation helps deliver the best user experience by offering users optimal pricing.
to be sustainable
Many protocols like Sushi should work on scaling operations without depleting their treasure. As a result, Sushi has redesigned its business model to promote sustainability and focus on scale in all areas of its business. Now Sushi manages ~2% of the AMM market and 0% of the pickup market. We aim to increase our market share 10 times in 2023 by realizing our vision.
sushiSushi Studios
Sushi Studios is Sushi’s decentralized incubator that will license the brand to launch independently funded projects to support ecosystem growth without burdening the DAO treasury.
Management
None of these initiatives will work without your support. We gain your support by acting in the best way that suits your interests. We believe that better governance results require greater participation. As Head Chef, I tasked our team to create a governance dashboard that will display our budget, project wallets, and audit results for Treasury spending.
Look ahead
Sushi is in a position to reinvent itself as a market leader and promote crypto best principles globally, such as financial sovereignty and autonomy, while offering users an improved stack of products and sustainable rewards. We develop it for you and we want your feedback.
37368
