The $RHINO experiment has shown some promising behaviors from the technology side, but it is not yet performing in the way expected.
Part of this is we made the ratio of existing $RHINO tokens to $PNDA tokens too aggressive to start.
It also doesn't have diverse liquidity as it is really only traded on Pandaswap right now.
In order to continue our experiment, here are some proposed changes that should get the tokenomic design of $RHINO working more favorably:
The community can then decide to reinstate or modify these parameters in the future via future governance votes, including adding more $RHINO to the swapper.
Right now, to see how $RHINO plays out when the 1:1 swapper runs out would take us more than year. This will accelerate that timeline to about one week.
Since our goal is to use BSC as a testing ground for these economic changes, accelerating this timeline helps us reach that vision.
This is an accelerated vote, as these changes are within the regular powers that the maintainer galaxy team has been granted during the PandaSwap launch, but the maintainer galaxy felt it was important to get community feedback and buy-in anyway.