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PancakeSwapPancakeSwapby0x0d38213f35178f4671ddB7012025DEE7e1E3aa6a0x0d38…aa6a

For LOCKED stakers

Voting ended almost 3 years agoSucceeded

I think there should be some good rewards for Locked stakers APART from the CAKE. Since, they lock their tokens for a long term and suck the excess supply from the market and helps to maintain the price, they should get a good ROI together with some regular passive return.

There are a lot of earning pools on Syrup pools where a short term stakers will get a different tokens for staking (for example UniWhale vote is going on). Why not give part of it to the locked stakers too? Lets say 50% (community can vote) goes to the long term locked stakers and 50% goes to the Syrup pool.

This way, the long term stakers will ALSO get some passive and regular return for the risk they take and lock their tokens for year/s

Want to know what the community thinks about it.

Two situations:

  1. It will give nice reward for those who are here for the long term. They CANT dump the token even if price goes up nor can they have a stop loss if the market go downside. So, it is worth rewarding them with some regular return. This will ALSO ENCOURAGE people to lock CAKE for the longer term for better return. (CAKE + Token from Syrup pool)

  2. Part of the community might say its a bad idea. It will reduce return for short term holders esp Syrup pool. But the thing is, Syrup pool APY will auto adjust based on the number of CAKEs staked. Short term holders will stake based on the APY and APY will autoadjust to give optimal return. If APY is below average, they wont stake. If its above average, they will stake more and at the end, it will come near Average APY. At the same time, they WILL have an option to lock CAKE for long term and get BETTER ROI.

Let us know what do you think about it! Thanks :)

Off-Chain Vote

Yes, its a good idea. It will be good for $CAKE and HODLERs on the long run
1.8M CAKEVOTE89.2%
No, its a bad idea as it MAY kick short term speculators/APY hunters
216.79K CAKEVOTE10.8%
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Timeline

Mar 20, 2023Proposal created
Mar 20, 2023Proposal vote started
Mar 29, 2023Proposal vote ended
Oct 26, 2023Proposal updated