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PancakeSwapPancakeSwapby0x259E82B1fdaC9d7057Fc09D6c3aaf5F6f0689D730x259E…9D73

Higher interest rates and extra’s for people who stake long term

Voting ended almost 3 years agoSucceeded

Dear PancakeSwap Community,

As we continue to grow and evolve as a platform, we want to ensure that we are providing our users with the best possible experience. One way we can do this is by increasing interest rates on staked CAKE tokens and incentivizing longer staking periods.

By increasing interest rates on staked CAKE tokens, we can encourage more users to participate in staking and provide additional rewards for those who do. This will create a more vibrant and active ecosystem, which can lead to increased liquidity and a more stable token price.

In addition, we propose incentivizing longer staking periods by offering extra rewards to those who commit to staking their CAKE tokens for extended periods. This will encourage users to take a long-term approach to staking and contribute to a more stable and sustainable ecosystem.

We believe that these changes will have a positive impact on our community, and we welcome your feedback and suggestions as we work to implement them. Together, we can continue to build a strong and thriving PancakeSwap ecosystem.

Thank you for your continued support.

Best regards,

DJ

Off-Chain Vote

Yes on all proposals
385.54K CAKEVOTE86%
Yes on higher interest
62.3K CAKEVOTE13.9%
Yes on just extra incentives for long term staking
388.14 CAKEVOTE0.1%
No
2.14 CAKEVOTE0%
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Timeline

Apr 13, 2023Proposal created
Apr 13, 2023Proposal vote started
Jun 13, 2023Proposal vote ended
Oct 26, 2023Proposal updated