The robust participation in Sushi DAO votes is, however, a stronger claim to decentralization than Ooki has ever seen, Nansen data shows. Over 1,800 individual wallets have voted in Sushi DAO in the past six months, compared to a mere nine in Ooki over the same period. That said, Sushi DAO’s clout pools around token heavyweights; crypto hedge fund Arca accounted for 29% of a July vote on collecting arbitrage profits, per Nansen.
Related posts
-
Standard Chartered’s Crypto Custody Unit Seeks $50 Million
Standard Chartered’s Zodia Custody is raising $50 million to... -
New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies
The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also... -
Crypto Voters Are the Key to Victory in 2024
Stand With Crypto, our advocacy group, held a successful tour through five swing states — AZ,...