Unconfirmed: 3 Things SushiSwap Needs to Get in Order, According to Arca - Ep.297

Jeff Dorman, the chief investment officer at Arca, discusses the recent events surrounding SushiSwap, including CTO Joseph Delong’s departure this week, Arca’s proposal to create a hierarchical management structure for SushiSwap, and why Jeff is still excited about Arca’s investment in SushiSwap. Show topics:

• what SushiSwap is and how it has performed since its inception
• how Jeff views SushiSwap’s performance from an investor’s perspective
• how the departure of 0xMaki affected SushiSwap
• what Jeff thinks about the decentralization versus centralization 
• why Jeff thinks SushiSwap is in a fantastic position in which to receive investment
• what happened with the controversy around Joseph Delong leading to his resignation this week 
• what Jeff thinks about how Joseph handled his departure
• what three factors SushiSwap needs to figure out in order to function
• why SushiSwap could benefit from creating a legal entity
• why Jeff is in favor of hierarchical governance structures versus flat governance structures
• how SushiSwap could become a trendsetter for DAOs in general

 

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Episode Links: 

 

Jeff Dorman

• Twitter
• • https://twitter.com/jdorman81 
• Arca
• https://www.ar.ca/ 

 

Joseph Delong’s Departure

• The Block’s coverage: 
• • https://www.theblockcrypto.com/post/126411/sushiswap-cto-threatens-to-quit-as-infighting-escalates
  • https://www.theblockcrypto.com/linked/126879/sushiswaps-cto-resigns-amid-infighting
• The Defiant:
• • https://thedefiant.io/sushiswap-leadership-crisis/

 

Sushi Bickering on Twitter

• Screenshot of 0xMaki being ousted:
• • https://twitter.com/makibacknow/status/1463078678724632576/photo/1
• Joseph Delong on SushiSwap drama:
• • https://twitter.com/josephdelong/status/1467498481573052427 
• Joseph Delong’s resignation:
• • https://twitter.com/josephdelong/status/1468689021530427395 
• Boring Crypto on SushiSwap drama:
• • https://twitter.com/Boring_Crypto/status/1467162233905893379 

 

SushiSwap Proposals

• Arca
• • https://forum.sushi.com/t/sushi-dao-restructure-proposal/6282 
• Bridge compensation
• • https://forum.sushi.com/t/bridge-compensation-for-sushi-core/6217/3 

 

Miscellaneous

• 0xMaki transitioning to an advisory role
• • https://forum.sushi.com/t/transition-into-advisor/5533 
• SushiSwap on leadership tumult
• • https://hackmd.io/ipJtfxhuQmqW9B8igew_AA?view