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Pacoca.ioPacoca.ioby0x97b36D12936FA7e2B7746D3C6E76F464466923f9pacoca.eth

Proposal: Create a Stake PACOCA - Earn BNB Pool

Voting ended over 4 years agoSucceeded

Dear Pacoca lovers, with the outcome of the latest governance proposal about migrating the legacy vaults, the team saw the opportunity to open a stake $PACOCA earn $BNB pool. This pool would aggregate the new Sweet Vaults’ fees and redistribute rewards as $BNB in a brand new pool.

If this proposal passes, the 3% burn fee will be replaced with a 3% platform fee. These fees will go to a smart contract that allows staking $PACOCA to earn $BNB.

Enabling these fees would require migrating existing Sweet Vaults to support the new fee structure, but this feels appropriate as there is already a migration scheduled. This provides us with the unique opportunity to include it in the current migration, allowing for a smooth implementation of the new fees and providing a way for Pacoca users to earn $BNB.

Off-Chain Vote

✔️ Update fee structure
3.98M 99.9%
❌ Don’t update fee structure
4.67K 0.1%
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Timeline

Aug 09, 2021Proposal created
Aug 09, 2021Proposal vote started
Aug 10, 2021Proposal vote ended
Oct 26, 2023Proposal updated