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SushiSwap CTO threatens to quit amid internal disagreements

SushiSwap CTO threatens to quit amid internal disagreements

CTO of the decentralized exchange SushiSwap, Joseph Delong, did not rule out leaving the project if compensation levels do not rise and key developers are granted greater authority.

“I will leave Trident [the new DEX, whose development is led by the team], if we do not have greater autonomy, the ability to take on leadership and higher compensation,”, — he wrote.

Until September, the project was led by the user 0xMaki. He took control from FTX CEO Sam Bankman-Fried after the scandal surrounding the disappearance of the anonymous founder known as Chef Nomi. The latter took $14 million from the developers’ fund, and then returned it with apologies.

It emerged that 0xMaki’s departure may not have been voluntary. In a vote in the internal Telegram group, 10 of 11 developers voted for his “expulsion.”

This was confirmed by a screenshot of a deleted post on the forum.

Along with 0xMaki, some other team members left as well.

“It seems that greed, unfortunately, has taken the upper hand over the community”, — explained the DEX developer going by the nickname BoringCrypto.

Among those mentioned by BoringCrypto are 0xMaki, 0xKeno, LevxApp and Mudit__Gupta.

The SushiSwap CTO described the situation as ‘absurd defamation’. In the thread he did not agree with some of the statements above. Delong explained that the departure of several developers was linked to their low productivity or, as in the case of BoringCrypto, an inability to work in a team.

Delong did not rule out quitting the project if the community does not back the team.

“I will, without conflict, hand over all the accounts and go and build something equally as successful. And you can find someone else to bully”, — he wrote.

Delong cited the insufficient compensation of $300,000 for a year of work. He put before the community for consideration a proposal to allocate 200,000 SUSHI ($1.2 million at the time of writing) as a one-off grant to each of the 19 developers of the project.

Of the 96 who voted, more than two-thirds opposed.

In an official statement, the SushiSwap team acknowledged that it had stopped cooperating with the lead developer in Asia due to his “unprofessional behaviour.” In particular, he was named as the spreader of accusations about the dismissal of 0xMaki.

Earlier, in August the SushiSwap team joined forces with colleagues from Aave and Curve in the initiative for the global rollout of DeFi.

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