as we know 50% of funds raised in IFO will be burned "in $CAKE", of course this has a good impact to our community, but will this have a good impact on the newly launched projects on PancakeSwap IFO? NO, it hurts IFO projects, Why? because $CAKE burned has no impact on their project
Therefore, I propose a new option which hopefully will benefit both parties and increase the interest of new potential projects to launch their IFO on PancakeSwap.
This is my proposal: 50% of funds raised in IFO "in $ CAKE", will be available in liquidity of $CAKE - $IFO (a IFO project token) trading pair.
This option has several advantages and disadvantages for our community, that is
Advantages:
*. 50% of the funds raised in IFO "in $CAKE" will still reduce the $CAKE circulating supply, because $CAKE - $IFO LP will be burned (however the $CAKE amount locked in LP can change any time, depending on the situation of the $ CAKE - $ IFO trading pair
A disadvantage: