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PancakeSwapPancakeSwapby0x42ba001719Ce41Fd28249073a7fb55630B5f91850x42ba…9185

Maximum Supply to Cake

Voting ended about 3 years agoSucceeded

PLEASE READ BEFORE VOTING

I know cake is an inflationary token and a maximum supply isn't really possible due to minting.

However i believe if a maximum supply is set it would effect people psychologically making it more appealing. As for pancakeswap it would be like setting a deadline to have 0 emissions or below before we hit the max supply.

Here is the plan: Maximum supply will be set at 500m which would take over 2 years for it to hit. Pancakeswap will do everything within 2 years to bring emissions down to 0 or negative to prevent it hitting 500m.

If pancakeswap fails to achieve it then once we hit 500m cake all new minting will be paused and rewards will be given out from NFT fees, IFO, transaction fees etc.... Please note by then we may have even features that would burn cake like gamification, margin, lending and borrowing.

Off-Chain Vote

Yes - Support
253.07K 90.4%
No - Dont Support
26.87K 9.6%
Download mobile app to vote

Timeline

Oct 15, 2021Proposal created
Oct 15, 2021Proposal vote started
Dec 31, 2022Proposal vote ended
Oct 26, 2023Proposal updated