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PancakeSwapPancakeSwapby0x91282D4550F3619E37FEfb18435799Ac2ec20B6d061official.wallet

Set CAKE emission to ZERO and make CAKE a deflationary token

Voting ended almost 4 years agoSucceeded

PROBLEM: Cake emission currently is much higher than CAKE burn volume.

Moreover, according to my calculation the CAKE emission is much higher that it should be according to the https://docs.pancakeswap.finance/tokenomics/cake/cake-tokenomics/.

Accroding to my notes and https://bscscan.com/token/0x0e09fabb73bd3ade0a17ecc321fd13a19e81ce82 Cake Total Supply at 01.02.2022 was 622 774 849 CAKES Cake Total Supply at 14.02.2022 it is 640 230 036 CAKES

So +18 net millions in 2 weeks, and this is icnluding 2 burn sessions. As a CAKE holder i'm absolutely not happy with such inflation rate.

My proposal is to set CAKE emission rate to ZERO and then consistently raise, until equilibrium point (BURN >= EMISSION) will be found.

CAKE must become deflatonary token, even is this will slow down PancakeSwap development and expansion.

Off-Chain Vote

Set CAKE emission to ZERO
19.05K 87.2%
Keep the existing emission rate
2.8K 12.8%
Download mobile app to vote

Timeline

Feb 14, 2022Proposal created
Feb 14, 2022Proposal vote started
Feb 28, 2022Proposal vote ended
Apr 15, 2025Proposal updated