Change maximum investment limit of 100 Cakes.
It is proposed to change the maximum limit of 100 Cakes for Syrup Pools.
Due to the price fluctuation of the Cake token, it is proposed to change the maximum investment limits of the syrup pools to make them more attractive.
OPTION 1: The first option proposes that the maximum limit of Cake for the Pools is dynamic, and that it changes depending on the price of the token. If the price goes down, more tokens are allowed to be put up, and with a higher price and the value going up, fewer tokens are allowed to be put up.
Always maintaining a balance in value $.
An example:
-Price of Cake $2: Maximum investment 250 Cakes.
-Price of Cake $5: Maximum investment 100 Cakes.
-Price of Cake $10: Maximum investment 50 Cakes.
Thus we would maintain a maximum limit per user, and at the same time we would make it more attractive with price fluctuations.
OPTION 2: Change the maximum limit to 500 Cakes.
Maximum investment per user 500 Cakes. Fixed limit, regardless of price fluctuations.
OPTION 3: Change the maximum limit to 250 Cakes.
Maximum investment per user 250 Cakes. Fixed limit, regardless of price fluctuations.
OPTION 4: Leave as is, do not change.
Off-Chain Vote
1️⃣ Adaptive limit according to price ✅
359.56 CAKEVOTE0.1%
2️⃣ Switch to 500 Cakes ✅
48.82K CAKEVOTE8.9%
3️⃣ Switch to 250 Cakes ✅
496.39K CAKEVOTE90.4%
4️⃣ Do not change ❌
3.63K CAKEVOTE0.7%
Timeline
May 16, 2023Proposal created
May 16, 2023Proposal vote started
May 23, 2023Proposal vote ended
Oct 26, 2023Proposal updated