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PancakeSwapPancakeSwapby0xE9c78eC0A6D802fF1ef115FC717d84acDBdeEe6D0xE9c7…Ee6D

Golden Syrup for loyal stakers

Voting ended over 5 years agoSucceeded

GOLDEN SYRUP pool.

This golden syrup is only earned and distributed once ppl have staked their cake for a certain amount of time (starting at 1 month).

They would still receive block rewards and still be able to use their normal syrup however they please.

BUT time stamp the staking pool, so you can keep track of length of time ppl have staked without removing.

After at least 1 month of having it staked, they start receiving GOLDEN SYRUP... and would take up to 3 months too receive GOLDEN SYRUP 1:1 ratio with their staked tokens.

So for example, if someone staked 1000 cake, after 1 month, they would receive 200 GOLDEN SYRUP, after 2 months they would receive 400 GOLDEN SYRUP, and after 3 months they would receive 600. They can stake this golden syrup in golden syrup pool, which would allow them to earn a share of every application built around pancake swap.

So after 3 months, they would have their cake staked matched 1:1 (1000 cake and 1000 golden syrup)

But removing your staked cake, would cause you to lose golden syrup, proportional to what you staked.

Then switch up the lottery numbers a bit. 50% shared to ppl with 4 winning numbers, 20% shared with ppl with 3 winning numbers, 10% burned, 10% of lottery winnings distributed to GOLDEN SYRUP pool.

If lotter ends up being huge, then many ppl will want golden syrup. And ppl will keep their tokens staked. Supply would dry up quickly.

Golden syrup would earn a share of all lottery winnings and every application being built around pancake swap.

Off-Chain Vote

YES. I WANT GOLDEN SYRUP.
745.22K 100%
NO. STUPID IDEA.
0 0%
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Timeline

Oct 25, 2020Proposal created
Oct 25, 2020Proposal vote started
Nov 01, 2020Proposal vote ended
Oct 26, 2023Proposal updated