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PancakeSwapPancakeSwapby0xa3D2124E4023ea5c74dC749012E0B46E42bDD6480xa3D2…D648

Proposal for Emissions Streamlining

Voting ended about 3 years agoSucceeded

Why Emissions Streamlining?🤔

Currently, our emissions are demarcated by our products: Farms (BSC/ETH), Farms (Aptos), Pool (CAKE), and Lottery:

As we all know, CAKE is precious, and as PancakeSwap grows and expands, we are proposing to demarcate our emissions by function, to better reflect the desired outcome of each and every singleCAKE.

We propose the following structure for emissions moving forward:

⭐️ Please note that for both the current and proposed versions, there is no change to total emissions. ⭐️

What does the Streamlined Emissions entail?✍️

1️⃣ First, the Trading allocation is designed to support the trading experience on PancakeSwap:

  • Farms – encouraging liquidity
  • Multichain Warchest – enabling aggressive multichain expansion of our DEX to capture market share
  • Volume Mechanics – supporting trading volume (we will announce some exciting news soon!)

For Multichain and Volume Mechanics, due to reasons of competitiveness, we will deploy products using these allocations first, and then once a steady-state for these deployments are reached, we will hold a confirmation vote. This is similar to the approach used in our Ethereum and Aptos deployment.

2️⃣ Second, the Staking allocation will primarily be used for the CAKE Pool.

3️⃣ Third, the Other allocation includes gamification, side products and generic protocol wide campaigns or promotional events. Currently, only the CAKE Lottery is in this category.

Under this proposed streamlining, the emissions are as follows:

  1. Trading – 2.11 CAKE
  2. Staking – 7.65 CAKE
  3. Other – 0.1389 CAKE

📝 While this proposal does not affect emissions at this point in time, moving forward, as we perform adjustments, we will refer to the proposed new names. For example, instead of reducing “CAKE Pool Emissions”, we will refer to it as reducing “Staking Emissions”.

Read before voting 📖

Before you vote, please make sure you understand the impact of the long and short term effects of CAKE emissions changes on our tokenomics.

1️⃣ Read and digest the CAKE Tokenomics documentation

2️⃣ Read this proposal in full;

3️⃣ Make up your mind, and cast your vote!

Off-Chain Vote

✅– Yes, streamline emissions!
85.22M CAKEVOTE97.7%
❌– No, do not streamline emissions!
1.99M CAKEVOTE2.3%
Download mobile app to vote

Timeline

Jan 30, 2023Proposal created
Jan 30, 2023Proposal vote started
Jan 31, 2023Proposal vote ended
Oct 26, 2023Proposal updated