MCP-2024/2 - Allocation of Accumulated $BNB in the Gravity Vault to $CAKE

Monsta Community,

Based on the support of the discussion proposal MCP-2024/1, we are moving forward with the official on-chain vote to initiate the proposed changes.

Background

The Gravity vault currently contains a combination of both $BNB and $CAKE. This proposal suggests the swapping of accumulated $BNB over to $CAKE. Assets remain in the vault for distribution to holders at cycle end and no changes to distribution will occur. No changes to the current 50/50 accumulation ratio are proposed at this time and will remain in place for the foreseeable future. This vote only applies to the current accumulated $BNB in the Gravity Vault.

Proposed Change

Based on community participation in the discussion proposal, there is an overwhelming amount of support for making the change to some degree, although with some disagreement on the amount. This proposal will offer options consistent with the collected feedback and discussion vote results.

Community Input

We encourage all community members to actively participate and cast their vote.

Conclusion

The Gravity Vault has played a crucial role in accumulating assets for our project. We appreciate the active engagement and participation of our community members in shaping the project's future. This proposal aims to allow the community their final input and ensure that it aligns with the collective interests and vision of $MONSTA.