With 2023 just starting, several DAO projects have published their roadmap, and SushiSwap is no exception. On Monday, the DAO’s Head Chef, Jared Grey, published an outline of what the group hopes to achieve in 2023 and beyond.
“Dubbed Sushi Revitalized: 2023 & Beyond,” the document highlighted five core areas that Sushi will focus on in 2023. In particular, Sushi will strive to become more user-centric, release its DEX aggregation router, prioritize sustainability and treasury diversification, launch its decentralized incubator called Sushi Studios, and work on its governance to promote product autonomy.
According to Grey, Sushi is expected to release its decentralized exchange (DEX) aggregator in the first quarter. The revelation comes days after Sushi's chief technology officer, Matthew Lilley, said in a tweet thread on Jan. 3 that the company would discontinue two of its products – the Kashi lending platform and tokens launchpad MISO – due to low public interest.
Grey has been quite particular about treasury diversification since he assumed office in November. Recall that he recently pushed a proposal to redirect all fees from the DEX to the treasury, increasing the payout ratio of Kanpai from 10% to 100%.
Commenting on the project’s sustainability, Jared revealed that Sushi has taken a number of steps in this direction. In addition to redesigning its tokenomics to encourage liquidity providers to migrate to Sushi, the company has revamped its product stack, pursued deeper integrations with network partners, and taken measures to secure its runway for “multi-year operations.” He added:
Sushi commands ~2% of the AMM market & 0% of the aggregation market. By executing our vision, we intend to 10x our market share in 2023.
Meanwhile, Sushi is planning to debut an NFT marketplace in Q1 while working on other independently-funded projects like its perpetual DEX platform, and several stealth products.