News

SushiSwap DAO’s Budget For 2023 Surpasses $5.2 Million

The budget for the SushiSwap DAO in 2023 is about $5.2 million, and 82% of that will be used to pay staff.

The CEO of SushiSwap DAO, Jared Gray, just shared a preview of next year’s spending plan. The company expects to spend about $5.2 million on DEX operations next year. Over $82,000 will go into paying 15 salaries, with Jared Gray receiving $500,000 USDC.

The typical salary for a team member is $286,500. Legal fees, subscription fees, remuneration for independent contributors, and the cost of managing SushiSwap’s social media accounts all come out of the approximately $919,000 in the DAO’s remaining budget.

The monthly budget for a freelancer who wishes to remain nameless is $12,000, which is only $500 less than the typical monthly retainer for Sushi’s legal team.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Chubbi

Coincu News

Chubbi

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