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PancakeSwapPancakeSwapby0x448c16642B7FBd17d6364b888F17D754A36c7D6Bcryptository.eth

$CAKE Revolution - Stop Minting, Max Supply, and High Burn

Voting ended about 4 years agoSucceeded

PancakeSwap is the Primary and largest DEX in the Binance Smart Chain ecosystem.

With the main token $CAKE

As a DEX pioneer in the BSC Ecosystem, $CAKE has unlimited supply and endless minting.

I hope the PancakeSwap developer will make a big change for the future of $CAKE so that it can continue to grow instead of becoming one of the stable coins like BUSD, USDT, USDC.

Steps that can be taken by developers:

1. Stop Minting Function (Emissions for the reward pool can be used from supply circulation from features in pancakeswap, which currently vary)

2. Supply Denomination (Create a maximum Supply of $CAKE tokens clearly to avoid Inflation.)

3. Burn 40% More than Minting (This will prevent inflation even if minting continues and supply cake is unlimited)

Imagine ATH $CAKE on April 30th 2021 is $43.96. That would be hard to catch up with with the current $CAKE situation.

Even BNB is about to reach ATH again, while $CAKE is stuck at price $11.55 - $12.56 which is -73.52% of ATH.

As the biggest DEX in BSC isn't that a big problem?

Let's help Developers make a Big Break.

Off-Chain Vote

Stop Minting Function
563.74 11.4%
Supply Denomination
3.13K 63.3%
Burn 40% More than Minting
1.23K 24.9%
Do Everything
16.88 0.3%
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Timeline

Dec 09, 2021Proposal created
Dec 09, 2021Proposal vote started
Dec 16, 2021Proposal vote ended
Nov 14, 2024Proposal updated