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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

Last updated: July 28, 2022 11:49 AM
Published July 28, 2022 11:49 AM
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Last updated: July 28, 2022 11:49 AM
Published July 28, 2022 11:49 AM
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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Ritu Lavania - Crypto Content Writer at The Crypto Times
By Ritu Lavania
Ritu Lavania is a content writer at The Crypto Times. She is also a literature enthusiast who loves beautiful clicks, flowery letters and has started to appreciate NFT Art. She loves dogs (and wishes to pet them), loves elephants (but can't afford them), and also likes spiders (and has a few of these in her window grills).

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