10 Year Runway Plan
The current supply of 750M gives us an approximate runway of 3 years, before the circulating supply reaches this cap.
Although this is longer than the current runway of other major dexes, such as Uniswap, Sushiswap & TraderJoe, we have to make PancakeSwap even more superior than other dexes. Therefore I propose we have a ~10 year runway.
Overview of Calculations
Current CAKE supply: ~290M $CAKE Number of Blocks per year: ~5.2M Blocks Number of CAKE emitted per year: 5.2M Blocks x 14.25 CAKE/block ≈ 74M $CAKE/year
10 year runway = Current Cake Supply + 10 years worth of CAKE emissions = 290M $CAKE + (10 x 74M $CAKE) ≈ 740M CAKE ≈ 750M CAKE
*Reference from the last updated PancakeSwap LitePaper *
Off-Chain Vote
Yes to 10 Year Runway Plan
456.52K CAKEVOTE28.8%
No to 10 Year Runway Plan
1.13M CAKEVOTE71.2%
Timeline
Jan 03, 2023Proposal created
Jan 03, 2023Proposal vote started
Jan 14, 2023Proposal vote ended
Oct 26, 2023Proposal updated