Sushi Core Contributor 0xMaki Transitioning to Advisory Role

The de facto CEO said he will be turning his attention to the broader DeFi ecosystem.

Sep 18, 2021 at 5:40 p.m. UTC
Updated Sep 20, 2021 at 2:13 p.m. UTC

The Sushi core contributor known only as 0xMaki announced in a tweet on Friday night he is stepping down from day-to-day operations at the decentralized finance (DeFi) platform and into an advisory role.

0xMaki rose to prominence following the exit of Chef Nomi, the founder of the project. Originally a community manager, he became a figurehead and de facto CEO, helping the project grow into one of the preeminent decentralized exchanges in the DeFi space, in addition to expanding it into new products.

Maki wrote in a blog post this morning that he will still contribute, but will turn his attention to the broader DeFi ecosystem.

“I’ll be moving away from day-to-day operations into an advisory role to help foster the next generation of teams building on top of Sushi, supporting from the sideline and helping without affiliation the broader DeFi ecosystem regardless of where they are deployed,” he wrote.

Possible projects include a charitable effort in collaboration with venture capital firm Future Fund. Maki also hinted he owed Yearn.Finance core contributor Banteg “some work,” and that he was pondering a book on Sushi’s history.

Good wishes poured in from across the ecosystem following the announcement, including a tweet from Hayden Adams, founder of rival decentralized exchange Uniswap, a testament to Maki’s reputation in the space.

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Andrew Thurman is a tech reporter at CoinDesk with a focus on DeFi.