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PancakeSwapPancakeSwapby0xCadE43C6666A6F9C333d36461054e4c33ABFf5320xCadE…f532

Cake V3 Smart Contract Decrease supply like BTC πŸ”₯

Voting ended about 4 years agoSucceeded

I hope PanCakeSwap will understand current market situation. Which is very changed now it will not work old style burning system by send token in dead address. Where Ether have started auto burning from total supply and now BNB following that too. Which maked the hype in price now their holders know by just holding price will increas.

That's what made the BTC successful project because by holding BTC, ETH, BNB supply is decreasing from total supply. But on the other side, Cake supply is increasing just by holding cake value is decrease.

I know cake is controlling that supply and burning Cake by sending on dead address but still people look at total supply is over 500 million and it's increasing in the future. Which is making bad impact on value of cake.

So we want to make Cake V3 Smart which should decrease supply from total supply like BTC, ETH and now BNB. Sending on dead wallet is no longer a good idea.

Like if cake had this feature like BTC (Burning from total supply) now the cake total supply was over 240M estimated. Which sounds more satisfied than 500M.

So cake should become more like BTC.

Also, if cake giving rights to community for vote, then cake should also accept proposal.

I personally feel cake is good project, it should be in top List after BNB.

Off-Chain Vote

βœ… We want V3 Contract
13.75 98.3%
❌ No change
0.24 1.7%
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Timeline

Nov 25, 2021Proposal created
Nov 25, 2021Proposal vote started
Dec 31, 2021Proposal vote ended
Oct 26, 2023Proposal updated