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CakepieCakepieby0x20841803f033D0EC6C05BD55a86e734D286a0BE10x2084…0BE1

CIP #7 - Redirecting PCS CAKE Emissions to Support Ecosystem Growth

Voting ended over 1 year agoSucceeded

Abstract

This proposal seeks approval from vlCKP holders for Cakepie to support PancakeSwap's initiative to redirect a portion of CAKE emissions from existing farm allocations to a new Ecosystem Growth allocation. This reallocation will serve as a warchest to support new products, chain expansion, and other growth initiatives, replacing the Multichain Warchest category. PancakeSwap plans to reduce emissions to Farms by 3,000 CAKE per day and redirect them to Ecosystem Growth, without increasing total emissions.

Motivation

The redirection of emissions aims to support the growth of PancakeSwap's ecosystem by funding innovative products like PancakeSwap v4 and new chain expansions. By supporting this proposal, Cakepie will align its governance with PancakeSwap’s vision for ecosystem sustainability and long-term growth. This approach is consistent with Cakepie's mission to maximize value for vlCKP holders and ensure effective participation in the broader PancakeSwap ecosystem. The reallocation does not increase overall CAKE emissions but rather optimizes their use to drive innovation and development, directly benefiting vlCKP holders.

Specification

Vote on whether Cakepie should support PancakeSwap's proposal to redirect 3,000 CAKE per day from Farm emissions to a new Ecosystem Growth allocation.

Please check the PancakeSwap proposal for all the details: https://pancakeswap.finance/voting/proposal/0xaffca49c859c6012ad7c969fe7afd1caa8d3386636ab8ccb12a5b5e5ae922e6a

Off-Chain Vote

Yes, support!
11.6K vlCKP1%
No, don't support!
1.2M vlCKP99%
Download mobile app to vote

Timeline

Oct 01, 2024Proposal created
Oct 01, 2024Proposal vote started
Oct 07, 2024Proposal vote ended
Oct 07, 2024Proposal updated