Cake has been suffering towards a downward price action spiral which causes significant stress and pain to the community, the real cause for this is the inflationary state of $CAKE.
After the V3 launch the Farms APR and Emissions started to look more realistic in APR wise, the team is making a proposal to reduce emissions to Farms to improve towards achieve Ultrasound Cake (desinflationary state), still if this proposal succeed we will achieve a 2% extra of the goal reaching 71% status.
There is a big date event that would mean the 52 week locked $CAKE unlock in the coming weeks, this proposal goes toward creating a future framework before that users decide to Lock their tokens again.
The current emission model assign 191.557 CAKE daily towards Staking with an APR to Locked Staking of ~41.3% and a Flexible APR of ~1.93% and different APR for the different token partnership pools.
More CAKE doesn't mean more money, it's the balance towards emission/burn which will guarantee our success.
This proposal goes toward cutting in half the emissions to Staking and redirect them straight to burn
The new emission example would be ~95.778,5 CAKE to Staking, ~95.778,5 CAKE to Burn. The APR example would be: Locked staking ~20.65% APR, Flexible APR ~0.965%
The idea is to reach a consensus before the so called "big unlock" to happen to give transparency and freedom to users to take their desired actions.
If the proposal cause a better balance between emission/burn, improve price action and improve the mood of users towards Pancakeswap I would suggest to signal a proposal in 6/12 month to reduce emissions again improving our deflationary status and giving predictability to investors that believe in Pancakeswap for the long term.