TechFlow News — Official account SushiChef tweeted that the Sushiswap community governance proposal to set a voting threshold has passed with an average of over 300,000 votes, establishing a temporary voting threshold. This means that a $14 million SUSHI buyback will take place on September 15 from 9:00 to 10:00 AM Beijing time in the SUSHI/ETH pool. Previously, the $14 million represented token funds returned by SushiSwap's anonymous founder. The community has voted on how to dispose of these funds, with 75% of voters supporting using all returned ETH to repurchase SUSHI from the market. Once the minimum vote threshold of 560,000 for passing temporary guidelines is reached, the proposal will be executed.
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