PancakeSwap Opens Vote To Cut CAKE Emissions By Around 69%

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PancakeSwap has opened a vote on the “The Flip” proposal, which would increase the share of trading fees going to liquidity providers on v3 and Infinity pools to 88% from roughly two-thirds on many pools. The remaining 12% would go to the protocol treasury, while v2’s existing fee arrangement would remain unchanged. Daily CAKE issuance would fall from 22,500 to 7,000, a reduction of about 69%, with the remaining issuance funding the ecosystem growth fund known as the Pantry. Implementation remains subject to the vote and would be rolled out in phases from November.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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