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PancakeSwapPancakeSwapby0x0b45bb25990F4ECeee715D5D836fE718D833Bba90x0b45…Bba9

TO SAVE CAKE FROM DEATH SPIRAL

Voting ended almost 3 years agoSucceeded

Due to in inadequencies of Chef Mochi and the team and the refusal to bring back Hops. I have outlined key proposals to save Cake. We know they won't listen but this is what the users want

  1. Scrap 2% flexible - waste of cake
  2. Stop giving farmers cake to dump but revenue earn is enough. Follow Joe model. 3: Revenue earnt goes to users who lock up 1year minumum on staking up to 4 years plus staking cake rewards
  3. No more minting or very minimal to pay cake stakers only
  4. Launch on zksync. Next arb! Forget polygon, Sandeep has a 50% equity in quickswap, it won't ever succeed.
    1. Reduce supply total or change tokenomics. 500m supply is more than enough. Could get away with 300m
  5. Do a game. Maybe poker. Table gets 10% and burns, rest given out in prizes. Users can only join with cake but the platform lets you convert any token to cake increasing buy pressure and burn. This will be the Zynga of crypto.

Off-Chain Vote

Yes I agree with all points
2.38M CAKEVOTE96.5%
Yes some parts but not all
10.32K CAKEVOTE0.4%
No Carry on with the minting and downward pressure
76.24K CAKEVOTE3.1%
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Timeline

Apr 24, 2023Proposal created
Apr 24, 2023Proposal vote started
Apr 25, 2023Proposal vote ended
Oct 26, 2023Proposal updated