Removing Incentivized Farms Isn't Working

Pancake swap has just announced that more farms will have reduced rewards. Those who understand PCS understand why this is being done. To reduce CAKE emissions. However over the past several months has only resulted in those projects getting less liquidity...and ultimately fizzling out of defi. This hurts PCS. This hurts defi.

A DEX needs liquidity. More emphasis needs to be placed on this. People don't understand that you make money even when there are NO Cake rewards. And PCS does not educate people in that regard.

However deincentivizing pools that have taken the time to be a part of the PCS ecosystem isn't the solution.

As I've mentioned in a previous proposal...the only solution to keeping CAKE emissions as they are, yet still incentivizing more liquidity and pools is to create a token specifically for farming. One that is designed for the future. The current CAKE tokenomics does not support more liquidity. There is less than 0.5% of BTC on PCS...which speaks to how much growth potential there is...but if the BTC/BNB pool were to get 10X more liquidity the APR would be 0.9% at current prices. Taking what little CAKE reards from smaller projects to keep supporting the main pool s does not support innovation and long-term growth.

Create a new token that requires you to

1. Hold a minimum amount of CAKE
2. Supports 10X liquidity growth while still giving compettive rewards
3. Support higher APR in ALL pools including the longterm pool

PCS is the best in the business at creating tokenmoics with burn mechanisms etc to prevent a dilution of the new token.