JUST IN: This Altcoin Offered to Sell All of Its Own Tokens in Its Treasury and Buy Bitcoin and These Altcoins Instead!
SushiSwap (SUSHI) has proposed an ambitious strategy to diversify its treasury holdings, which currently consist of 100% of its native SUSHI tokens.
The “Treasury Diversification Proposal” sets out a roadmap for creating a more balanced and resilient treasury. The key objectives of this initiative are as follows:
- Volatility Reduction: Reducing the reliance on SUSHI assets to stabilize the value of the treasury.
- Increasing Liquidity: Ensuring that the Treasury has sufficient liquid assets for operational and strategic needs.
- Generate Yield: Leverage diversified assets for staking, lending, or liquidity to generate passive income.
Sushi DAO proposes to reallocate treasury assets into three categories by liquidating SUSHI tokens:
- Stablecoins (70%): The majority of the treasury will be converted into stablecoins such as USDC and USDT to provide stability and liquidity.
- Major Cryptocurrencies (20%): A portion will be allocated to established assets like Ethereum (ETH) and Bitcoin (BTC) for diversification and potential growth.
- DeFi Tokens (10%): A discretionary allocation based on comprehensive risk-reward assessments for high-potential decentralized finance (DeFi) tokens like AAVE.
The Treasury's local assets will be gradually liquidated using a dollar-cost averaging (DCA) strategy to minimize market impact.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
New spot margin trading pair — HOLO/USDT!
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn
- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

OPEN has dropped by 189.51% within 24 hours during a significant market pullback
- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

New spot margin trading pair — LINEA/USDT!
Trending news
MoreCrypto prices
More








