This proposal has two principles to empower Ultrasound CAKE.
Pros - This will undoubtedly encourage more CAKE staking, consequently strengthening the entire community and reducing selling pressure.
Pros - It is crucial to signal greater scarcity of CAKE to the market. All holders stand to gain from this measure. And this could happen until the BTC halving to take advantage of the bull run - THIS IS A VERY IMPORTANT TIMING.
Cons - This two proposals may decrease CAKE reward in farms. However, perform an analysis. There are two types of suppliers:
The holder will not be bothered by these measures as they will benefit from them. However, those who sell CAKE will have two alternatives. Either they will start to become holders, which is beneficial for the community, or they will lose some selling CAKE rewards. But okay, they can continue selling, as the selling pressure will decrease significantly, and soon they will realize that selling CAKE is a bad deal.
I have been with CAKE since day 1. I saw CAKE go from $0.29 to 13, then 22, and reaching 44.
Today, the protocol built by the devs, who deserve ENORMOUS RESPECT AND CONGRATULATIONS FROM THE ENTIRE COMMUNITY for their work, is much better than when it reached above 40. So, we need to instill more confidence to holde CAKE and to reduce the constant "every day selling" from farm´s by those who are only interested in increasing APR. Even these individuals should benefit because with a higher CAKE price, the supplier's CAKE reward will be greater.
Devs... it´s all about CAKE!! Let's empower Ultrasound CAKE with more deflation.