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PancakeSwap DAO Passes Proposal to Reduce CAKE Tokenomics Emissions for Real Yield and Long-Term Stakers

Cointime Official

April 29 (Cointime) - The PancakeSwap DAO has successfully passed a proposal to reduce CAKE tokenomics v2.5 emissions, with 57.77% of the vote in favor of the "aggressive reduction" option. 

The main objectives of the proposal are to lower staking inflation, provide real yield from PancakeSwap's protocol revenues, and favor longer-term CAKE stakers.

The "aggressive reduction" option will adjust CAKE Syrup Pool emissions from 6.65 CAKE/block to 3 CAKE/block immediately, followed by a monthly reduction of 0.5 CAKE/block for 5 months, with CAKE Syrup Pool emission reduced to 0.35 CAKE/block (~2% APR) at month 6.

Source: https://pancakeswap.finance/voting/proposal/0x707643dd2c2b941c7274f26a0362922198912e8549050ae9f2d1d9d71ada04bb
PancakeSwap PancakeSwap $2.65
+1.43%
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