Reduce lottery rewards to be used for staking rewards

Voting ended about 3 years agoSucceeded

Reduce lottery rewards by 50%. Use that 50% reduction to reward staking pools. This reward will start after we run out of our current rewards and it shall last for 10 years. This will increase demand of CAKE as well as increase TVL on PancakeSwap.

Off-Chain Vote

Reduce Lottery Reward by 50%

1.23M CAKEVOTE71.5%

Don’t Reduce Lottery Rewards

489.95K CAKEVOTE28.5%

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Timeline

Dec 31, 2022Proposal created

Dec 31, 2022Proposal vote started

Jan 06, 2023Proposal vote ended

Oct 26, 2023Proposal updated