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PancakeSwapPancakeSwapby0x029734a8B69B30632fa01cB99A0c033401bE4be50x0297…4be5

URGET: Make Syrup Pools Twice as long with Half the APR

Voting ended almost 4 years agoSucceeded

READ THIS VERY CAREFULLY AS IF THIS VOTE GOES IGNORED PANCAKE COIN WILL IN FACT GO DOWN TO the $3 price range.

Make Syrup Pools Twice as long with Half the APR I propose a vote to make the syrup pools last longer, again

As you can clearly see, everything I said below is occuring. The entire industry moved up 6+ % after I wrote this can CAKE began to fall, and continues to fall.

Right now, the way the Syrup pools are paying out, we are going to run out very soon...As you can see, once that GMT Syrup pool runs out we are going to be in a lot of trouble with not having any syrup pools. 23,000,000 CAKE is staked in that one Syrup Pool.

I purpose to make the Syrup Pools last 120 Days at half the current APR%. Make the Syrup Pools Pay out Slower.

We could even go as far as making them last 180Days and payout 66% slower.

The APRs of the Syrup Pools would be 30% - 40%, but the Syrup pools will last longer. This will give more projects time to launch on Pancakeswap and for current projects to add more tokens to extend their Syrup Pools.

It will also help investors not worry about dumping their Cake when big pools like the GMT are going to expire.

Off-Chain Vote

Leave APR the same and continue the constant Pump and Dump of Cake and constant worry of running out of syrup pools
14.78K CAKEVOTE91.8%
LOWER THE APR OF THE SYRUP POOLS IMMEDIATELY TO SLOW THE DURATION OF THE PAYOUTS SO WE DON'T HAVE A MASSIVE SELL OF WHEN THE GMT POOL EXPIRES SOON
1.32K CAKEVOTE8.2%
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Timeline

Apr 26, 2022Proposal created
Apr 27, 2022Proposal vote started
Apr 29, 2022Proposal vote ended
Oct 26, 2023Proposal updated