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.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.