Proposal for Adjustments to Farm Multipliers

Proposal to reduce Farm Emissions for BNB Chain PancakeSwap v3 and Aptos PancakeSwap

Per the most recent BNB Chain v3 Farm Emissions reduction vote, we are proposing a 0.01 CAKE/block reduction to BNB Chain v3 Farm emissions.

We propose to reduce v3 BNB Farm Emissions from 0.75 CAKE/block to 0.74 CAKE/block immediately.

The 0.01 CAKE/block reduction will apply to the following farms.

• BUSD/BNB (CAKE APR: 19.44% -> 16.52%); and
• USDT/BNB (CAKE APR: 9.00% -> 8.60%)

Additionally, we also propose to reduce Aptos Farm Emissions from 0.045 CAKE/block to 0.04 CAKE/block. The 0.005 CAKE/block will apply to all farms on Aptos.

We will continue to observe the effect of each weekly cut on TVL and trading volume to decide if and where we can cut in the following weeks.

This gradual optimization will ensure that we get closer to ultrasound CAKE while ensuring that we maintain our leading position on BNB Chain.