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PancakeSwapPancakeSwapby0x6cc02617f4968Ffbf254BD9CA7958FBABA73cA0b0x6cc0…cA0b

When Deflationary?

Voting ended almost 3 years agoSucceeded

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?

Off-Chain Vote

Sooner
172.09 CAKEVOTE0%
Later
8.15K CAKEVOTE1.1%
Wait another 3 years atleast til the price is rooted
173.17K CAKEVOTE22.4%
Lets start today
25.26K CAKEVOTE3.3%
Right GD now!!!
565.79K CAKEVOTE73.2%
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Timeline

Mar 20, 2023Proposal created
Mar 20, 2023Proposal vote started
Mar 30, 2023Proposal vote ended
Oct 26, 2023Proposal updated