Proposal for Adjustments to Farm Rewards
One thing that is always unclear to people when reviewing this proposals is that we aren't "removing" rewards from the farm itself. The purpose is to redirect CAKE rewards given to farms that are underperforming and give them to farms that are providing the most value.
Hopefully this example might better:
- Under performing farm = 1x (10 CAKE)
- High performing farm = 1x (10 CAKE)
1x multiplier removed from under performing farm
- Under performing farm = 0x (0 CAKE)
- High performing farm = 1x (20 CAKE)
So, with the above in mind, we're proposing to reduce CAKE rewards on the farms mentioned below, which will mean those rewards will be distributed back across all other existing farms, in addition to giving us more space to add more new Syrup Pool/farm combos etc.
The reason the below farms have been highlighted is due to their low ranking on our performance index which ranks each project using metrics like their reward multiple, average daily volume, 30-day volume, unique token holders on BSC etc.
| # | Pair | Current | New Weight | Difference |
|---|---|---|---|---|
| 1 | xMARK-BUSD LP | 1 | 0.1 | 0.9 |
| 2 | BONDLY-BNB LP | 0.5 | 0.1 | 0.4 |
| 3 | DITTO-BNB LP | 0.1 | 0 | 0.1 |
| 4 | SWINGBY-BNB LP | 0.5 | 0.1 | 0.4 |
| 5 | TKO-BNB LP | 1 | 0.5 | 0.5 |
| 6 | SUTER-BNB LP | 0.5 | 0.1 | 0.4 |
| 7 | FOR-BUSD LP | 0.5 | 0.1 | 0.4 |
| 8 | REEF-BNB LP | 1 | 0.5 | 0.5 |
| 9 | ARPA-BNB LP | 0.5 | 0.1 | 0.4 |
| 10 | BTCST-BNB LP | 1 | 0.5 | 0.5 |
| 11 | Helmet-BNB LP | 0.5 | 0.1 | 0.4 |
| 12 | SWTH-BNB LP | 0.1 | 0 | 0.1 |
| 13 | TRADE-BNB LP | 0.1 | 0 | 0.1 |
| 14 | LIEN-BNB LP | 1 | 0.1 | 0.9 |
| 15 | NRV-BNB LP | 1 | 0.5 | 0.5 |
| 16 | bDIGG-BTCB LP | 0.1 | 0 | 0.1 |
| 17 | BLK-BNB LP | 0.1 | 0 | 0.1 |
| 18 | BRY-BNB LP | 0.1 | 0 | 0.1 |
| 19 | BDO-BNB LP | 0.1 | 0 | 0.1 |
| 20 | SWG-BNB LP | 0.1 | 0 | 0.1 |
| 21 | TXL-BUSD LP | 0.1 | 0 | 0.1 |
| 22 | JGN-BNB LP | 1 | 0.5 | 0.5 |
| 23 | bROOBEE-BNB LP | 0.1 | 0 | 0.1 |
| 24 | DEGO-BNB LP | 0.5 | 0.1 | 0.4 |
| 25 | BUX-BNB LP | 0.1 | 0 | 0.1 |
| 26 | HGET-BNB LP | 0.1 | 0 | 0.1 |
| 27 | BELT-BNB LP | 1 | 0.5 | 0.5 |
| 28 | EPS-BNB LP | 1 | 0.5 | 0.5 |
| 29 | TWT-BNB LP | 1 | 0.5 | 0.5 |
| 30 | bMXX-BNB LP | 0.5 | 0.1 | 0.4 |
| 31 | τBTC-BTCB LP | 0.5 | 0.1 | 0.4 |
| 32 | FOR-BUSD LP | 0.5 | 0.1 | 0.4 |
| 33 | HOO-BNB LP | 0.5 | 0.1 | 0.4 |
| 34 | LTO-BNB LP | 0.5 | 0.1 | 0.4 |
| 35 | LIT-BNB LP | 0.5 | 0.1 | 0.4 |
| 36 | ZEE-BNB LP | 0.5 | 0.1 | 0.4 |
| - | TOTALS | 18.2 | 5.6 | 12.6 |
Off-Chain Vote
✅ Yes, make the adjustments!
464.34 25.4%
❌ No, don't make the adjustments!
1.36K 74.6%
Timeline
Jul 14, 2021Proposal created
Jul 14, 2021Proposal vote started
Jul 16, 2021Proposal vote ended
Oct 26, 2023Proposal updated