• © Goverland Inc. 2026
  • v1.0.1
  • Privacy Policy
  • Terms of Use
PancakeSwapPancakeSwapby0x8F8d37073c875f74fef5b708fbe081576183C1790x8F8d…C179

Proposal for Adjustments to Farm Rewards

Voting ended about 2 years agoSucceeded

According to the tokenomics (https://docs.pancakeswap.finance/governance-and-tokenomics/cake-tokenomics), 27,513 CAKES are minted to the farm and 10,080 CAKES to the pool daily.

This results to Farm: 10,042,245 CAKES minted ~2.59% inflation annually and to Pool: 3,679,200 CAKES minted ~0.95% inflation annually.

Note: Our closest competitor, Uniswap, has an annual emission rate of 2% for token staking for Governance and 0% for the farm.

It is evident that the Pancakeswap team has made tremendous efforts to achieve Ultrasound cake and deserves congratulations. However, it no longer makes sense in the tokenomics (as it was important in the past) for the farm to earn more than those who believe in the token - holders in pools for Governance. Otherwise, we will not have long-term price support as Uniswap does. This is not fair to a team that build as much as Pancakeswap team nor to the community.

It is necessary to decrease emissions for the farm to accelerate Ultrasound CAKE. Remembering that the market value of CAKE is ~$447,090,114, and Uniswap is ~$3,720,731,550, it is not fair for Pancakeswap to have only 12% of the market value with a community and a team as strong as Pancakeswap's.

Team is all about CAKE :)

Off-Chain Vote

Yes - Chefs, please decrease emissions for the farm and increase the overall CAKE burn.
9.31M CAKEVOTE98.9%
No - Don't make any adjustments. I don't care about CAKE price.
106.28K CAKEVOTE1.1%
Download mobile app to vote

Timeline

Nov 09, 2023Proposal created
Nov 09, 2023Proposal vote started
Nov 20, 2023Proposal vote ended
Nov 20, 2023Proposal updated