We have heard alot of talk from managment about taking steps toward 'ultra sound' CAKE, but no implemetation details just vague grandiose wishful posturing.
Having burn > mint (ie deflation of supply) is the only legitimate path forward if the intent is for the price to head north ^^^^^^^^^^^. Yes the pool APR has been steadily declining but its not a net decrease in mint volume, those newly minted CAKE just get moved to other areas. We need to actually decrease the net mint. (increasing the burn depends on the demand side, alittle more difficult to control particularly during winter). It would be great to see a plan from the team as to how that could happen, or some possibilities atleast. This is a problem to start solving immediately... not in 3 years or whatever that magic number is that keeps getting quoted.
So when are we making this bad boy deflationary?