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PancakeSwapPancakeSwapby0x9b25Bd86760cE8fEa4C34c61c873d2E899753C850x9b25…3C85

CAKE Maximum Supply to 500 Million.

Voting ended over 4 years agoSucceeded

**CAKE Maximum Supply to 500 Million **

$CAKE is literally the driving force within the BSC ecosystem and yet it has failed to live up to it's standards even with all the features and hard work done by the amazing team.

From my point I observed carefully all the tokens that doesn't have a maximum supply attached to it's tokenomics and one problem I found in 90% of these tokens is the fear that people have towards them. Which is the lack of emmission control mechanisim present in those tokens.

Tokens that have a maximum supply always perform better in price action because people will feel safe to hold them even during crash because they know that the emmissions is capped to a number by the maximum supply.

While the Pancake team is trying it's best to make the CAKE token deflationary by burning them, there is still fear of how much CAKE are emitted each day.

This is why I am coming up with this simple proposal to give CAKE a maximum supply of 500,000,000 this is give the team enough buffer on how to regulate it's self with LP rewards distribution, staking and community incentives.

I stongly believe this will in no doubt drive the price of CAKE up because more people will be confident in holding the CAKE tokens at all times.

Off-Chain Vote

CAKE maximum supply to 500 million
24.72K 69.5%
Leave CAKE supply to infinity ∞ as it is now.
10.86K 30.5%
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Timeline

Oct 11, 2021Proposal created
Oct 14, 2021Proposal vote started
Oct 21, 2021Proposal vote ended
Oct 26, 2023Proposal updated