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PancakeSwapPancakeSwapby0xf5C1c668527Cdd22E958c716A5f56084940cb34A0xf5C1…b34A

How to Sustain Price % Everyone Wins - One Innovative Idea Using an Adapted Lottery Solution

Voting ended over 5 years agoSucceeded

Please take a moment to read and understand how the lottery can be improved to ensure that most people win often and that much more coins get burned. Currently, the lottery is high risk and I do not believe being used in the most effective way. However, if done correctly it can be a powerful tool to contribute to the success of the protocol. Here is a suggestion.

What is needed is that most people win regularly even if it's not a lot - this will motivate participation on a regular basis.

-Those who get 1 number in any sequence share 15%
-Those who get 2 numbers in any sequence share 15%
-Those who get 3 numbers in any sequence share 15%
-Those who get 4 numbers in any sequence share 15%
-If anyone gets 4 numbers in the correct sequence they share 20% and no carry-over. If nobody gets 4 numbers in sequence then it carries over to the next pool (4 in the correct sequence will be rare).

  • 20% burn for every pool /Huge participation / Higher burn = Stability

Benefits of this Proposal -Huge regular participation due to the fact that winning will occur much more often -Much higher burning of Cake tokens daily - creating greater stability and balance

Off-Chain Vote

Yes, implement this ASAP
19.01K 17.3%
No, do not implement
70.18K 63.8%
Seriously consider with some modifications
20.8K 18.9%
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Timeline

Oct 25, 2020Proposal created
Oct 25, 2020Proposal vote started
Oct 28, 2020Proposal vote ended
Oct 26, 2023Proposal updated