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Market News

SushiSwap Nominates Jonathan Howard as its New Head Chef

Jonathan will be responsible for optimal day to day management of several functions.

Written By Ritu Lavania
Published 2022-07-28
Make The Crypto Times preferred on GoogleGoogle
SushiSwap nominates Jonathan Howard as its new Head Chef

As the Sushi 2.0 proposal gets approved with a massive vote of 9.6 Million, SushiSwap announcethe nomination of Jonathan Howard as the new Head Chef. Jonathan will be responsible for optimal day to day management of several functions.

https://twitter.com/SushiSwap/status/1552020475366227970

As a Head Chef, Jonathan’s duties and responsibilities entails : 

  • Defining and requesting an ops budget from the DAO.
  • Planning strategies and executing them on the product roadmap in support of the DAO’s wishes.
  • Ability to hire or fire contributors.
  • Defining performance metrics.
  • To Supervise token holder and community relations.
  • Assessing team performance on the compensation committee.

Also read: SushiSwap 2.0 Outlines its Restructuring Plans

Jonathan is a full-stack engineer and a multi-time founder, with a unique background of Computer Science and Arts. Apart from founding 4 startups as CEO or CTO, he has co-founded an NFT studio called Bighead Club where he is also the CTO.

The Head Chef would be paid a salary of 800,000 USD annually on the 1st and 15th in stablecoin. Additionally, the official would get the incentive of 600,000 total $SUSHI vested over 4 years with a 6 month cliff i.e., 12.5k $SUSHI vested per month for 48 months.

Moreover, another perk would be receiving a one-time roadmap performance bonus incentive of 350,000 $SUSHI which will be divided into milestones.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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