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PancakeSwapPancakeSwapby0x8F8d37073c875f74fef5b708fbe081576183C1790x8F8d…C179

New Burn Mechanism

Voting ended almost 5 years agoSucceeded

Today our daily net emissions are 750k CAKES.

The daily burn are around 580k/600k (last week was 4,204,363 for 7 days).

So, we have a inflantion of 150K daily.

Racional thinking people goes to PacakeSwap to earn CAKE with very high APY, not for 0,17% fee reward for LP.

I would like propose a new burn mechanism. Buyback and burn CAKE with this 0,17% fee reward collected. Maybe is not going to solve, but for sure is going to help.

Off-Chain Vote

Yes, Let's do it!
163.99K 100%
No
0 0%
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Timeline

Feb 25, 2021Proposal created
Feb 26, 2021Proposal vote started
Mar 06, 2021Proposal vote ended
Oct 26, 2023Proposal updated