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PancakeSwapPancakeSwapby0xE41e9E1697FB01eA15F40aE2D7fd9bd32dDe132B0xE41e…132B

Proposal to fight CAKE price

Voting ended over 2 years agoSucceeded

Lowering total supply to 500M and leaving the agreed mechanism of gradual reduction of emissions would bring deflatory cake very soon. This would help the price as people would know there wont be new cakes soon.

The other idea would be to use Cake as a fee for swap having a better rates comparing to bnb.

Also a mechanism to burn cake taken by fees.

Off-Chain Vote

I Agree
2.88M CAKEVOTE95.6%
I do not agree
133.78K CAKEVOTE4.4%
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Timeline

May 07, 2023Proposal created
May 07, 2023Proposal vote started
May 09, 2023Proposal vote ended
Oct 26, 2023Proposal updated