SushiSwap to create three DAOs in Panama and Cayman in business restructuring

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The restructuring received 100% approval in the decentralized voting system, but participants in the forum questioned the crypto fit of the chosen countries.

a legal restructuring on Oct. 26 that creates three new decentralized entities, aiming to provide more flexibility to its operations.

Among other things, the DAO Foundation will be able to administer treasury, grants and on-chain governance processes, and facilitate proposals and voting. The Panamanian Foundation will administer the existing Sushi protocol . Finally, the Panamanian Corporation will operate the GUI layer of the protocol., the process to set up the entity structure is expected to take four weeks.

"Don’t pick countries which are constantly at risk of political collapse, financial collapse, military coups or North American bail-outs. Don’t pick countries in which you wake up one day and find presidential or royal decrees being plastered on your front door, forcing you to beat a hasty exit through the departure lounge."

 

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🚀Thnkss a millon

Uniswap need to fix thhis now

$salty going to be next big memecoin

Glad I have finnally fouunnd this trick

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