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PancakeSwapPancakeSwapby0xa7551aBe0A066555cb5d859849426fB55543Ca250xa755…Ca25

Proposal to reduce Farm Emissions for BNB Chain PancakeSwap v3

Voting ended over 2 years agoSucceeded

Proposal to reduce Trading Allocation for BNB Chain PancakeSwap v3

Similar to the most recent BNB Chain v3 Trading Allocation proposal vote, we are proposing a 0.015 CAKE/block reduction to BNB Chain v3 Trading Allocation.

We propose to reduce v3 BNB Farm Emissions from 0.715 CAKE/block to 0.70 CAKE/block immediately.

The 0.015 CAKE/block reduction will apply to the following farms.

  • BUSD/BNB (CAKE APR: 10.96% -> 8.43%);
  • BTCB/BNB (CAKE APR: 12.25% -> 10.55%); and
  • USDC/USDT (CAKE APR: 7.02% -> 6.04%)

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 assist us in getting closer to ultrasound CAKE while ensuring that we maintain our leading position on BNB Chain.

Off-Chain Vote

✅– Yes, make the adjustments!
20.07M CAKEVOTE99.3%
❌– No, don’t make the adjustments!
138.65K CAKEVOTE0.7%
Download mobile app to vote

Timeline

Jul 05, 2023Proposal created
Jul 05, 2023Proposal vote started
Jul 06, 2023Proposal vote ended
Oct 26, 2023Proposal updated