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PancakeSwapPancakeSwapby0x2cAbDdB47Bb76BA9d92Ba9cf7cEAe054F345FE640x2cAb…FE64

Cake emissions, is greed clouding the long term view?

Voting ended almost 5 years agoSucceeded

Providing liquidity is one of pancake's core operations.

Comparatively speaking, farmers have far less power than cake holders.

Continually reducing emissions to BOTH farms and pools makes farming less attractive: -> both pools' & farms' rates drop but cake price increases, thus cake holders win, which is not surprising given they hold the voting power.

How will farmers respond to this, -> why farm cake if it's better to hold cake? -> why farm on pancake if there are better returns elsewhere?

Making LP continually less attractive than simply holding cake could damage the platform.

Cake holders will look out for themselves, I find this reassuring, however I hope that short term greed is not starting to cloud long term sustaibility of the platform.

Off-Chain Vote

No
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Yes
15.36 100%
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Timeline

May 05, 2021Proposal created
May 05, 2021Proposal vote started
May 10, 2021Proposal vote ended
Oct 26, 2023Proposal updated