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PancakeSwapPancakeSwapby0xE2b03fCf30a29d6F402900771fcC6E22F5C4e49f0xE2b0…e49f

Early withdraw from locked staking

Voting ended over 3 years agoSucceeded

Hey i think something about new which will help us in burning cake token. Actually when we locked cake token we are unable to assess these token till that duration .So, what about that if those people got option to unlock their cake but with some charges like 10% or 20% percent of whole amount including principal and staking reward. No matters their staking reward started last night or an year ago. This amount will be directly burnt. Before unlocking cake token they have to bear penalty.

Advantage In this way, we get more burning of cake token and more appreciation of cake token's price in a longer time frame

Disadvantage ofcourse those people who got unlock before for selling purpose which means there is sudden pump and dump in shorter time frame

Off-Chain Vote

Yes! burn 20% cake token
3.68M CAKEVOTE79.1%
Yes but 10% burn is enough
865.75K CAKEVOTE18.6%
No! We dont want this unlocking option
107.83K CAKEVOTE2.3%
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Timeline

Sep 14, 2022Proposal created
Sep 14, 2022Proposal vote started
Sep 17, 2022Proposal vote ended
Oct 26, 2023Proposal updated