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Jared Grey received over 83% of votes to win the Sushi Chef Oscar Head Chef election. Grey, a former IT consultant who was also the CEO of DeFi yield platform Eons Finance, is now Head Chef.

The vote started on September 26th and ended at 08:00 AM ET today. Jared Grey was declared the winner. Grey was one of five candidates for the Sushi Chief Executive (Head chef) position. Grey received 11 million of the 13,000,000 votes cast by governance token holders. This represented more than 83% of all votes cast.

After a governance vote, the Sushi DAO community now has a new Head Chef.

“This snapshot will conclude the Head Chef search process and will be used by the Sushi protocol to bind its decision on the next Chef.” The announcement was made by the Sushi core team.

Jared Grey has a background in IT consulting and business development. His crypto experience includes his time as CEO at Eons Finance, a DeFi yield platform.

Today’s vote could signal the end to the Sushi DAO leadership saga, which has been dragging on almost as long as it has been around. The story began in September 2020 when Sushi’s first Head chef, the pseudonymous Chef Nomi, resigned. After accusations that Nomi attempted to “rug pull” SushiSwap customers by siphoning more than $14 million from the project, this was done. Chef Nomi eventually returned the funds and control of SushiSwap to a team led by Sam Bankman-Fried, CEO of FTX.

The re-formed leadership team was formed but soon encountered problems. Nomi’s successor Chef Maki resigned in September 2021. In December 2021, Joseph Delong resigned as chief technology officer amid rumors about mismanagement of funds and infighting among the developers.

The project team recommended Jonathan Howard to be the next Head Chef in 2020. Sushi DAO members protested against Howard’s proposed salary package. Howard would have been able to earn $800,000 per year and $600,000 worth of vested SUSHI tokens. Howard withdrew from contention in August, which led to a relaunched search that culminated in today’s vote.

The post Jared Grey appointed as New ‘Head Chef’ by Sushi DAO first appeared on The Daily Encrypt.


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Angie Byrd