SushiSwap doesn’t just need leadership, it also needs to sort out where all its keys are.
It can be hard for organizations to priortize who controls what (like the many web-based tools it relies on) when times are good. But when times are bad it’s easy for the same organizations to lose control of essential services after staff suddenly leaves.
SushiSwap is going through this challenge right now in the wake of the exits of its top leaders and an apparently failed union with Frog Nation, the newly formed collective from Daniele Sestagalli and his allies.
Case in point: one of the most important services for any decentralized autonomous organization (DAO) today is its Discord server. The SushiSwap community has lost admin access to its server, which means scammers can openly run social engineering campaigns against the less sophisticated SushiSwap users right out in the open. No one has the power to ban these people right now.
Admin Access
Over the course of an audit of the key SushiSwap resources, remaining members determined that former CTO Joseph DeLong must be the one who has admin control of the Discord. Today, a poll went up on the SushiSwap governance forum calling on DeLong to turn admin access over to Tangle, from Sushi’s customer success team.
DeLong confirmed to The Defiant that before he acts he wants to see an official decision on who should lead Discord from the Sushi community. “As I stated simply in my resignation letter I am standing by to dutifully hand over control of any Sushi accounts still under my control should new leadership be selected,” DeLong told The Defiant via Twitter direct message.
Such issues became more urgent after Frog Nation’s CTO was revealed last week to be a co-founder of QuadrigaCX, the failed Canadian crypto exchange, SushiSwap itself quickly came out with a statement on Twitter:
“Sushi collective is aware of allegations pertaining to the larger ecosystem & are reviewing the situation. To be clear, Sushi continues to be independent in order to drive forward the goals of the protocol. Individuals in question have no access to operational/treasury wallets.”
Two days later, Frog Nation called it quits on taking over management of SushiSwap.
SushiSwap has been chaotic from the start. It’s original leader and creator, Chef Nomi, was ousted before the project ever took off. SushiSwap’s assets have still been taken care of by the multisig, but some workers haven’t been paid in months. Sorting out compensation is not possible with no one in charge. Teams have departed because they didn’t agree with the overall direction, and social engineers are ploughing through its internal channels. Nevertheless, SushiSwap has been crucial infrastructure for launching some of the weirdest, most interesting projects on Ethereum, so there appears to be broad…
Read More: thedefiant.io