Reduce CAKE Lottery Ticket price

Voting ended almost 5 years agoSucceeded

Since the price of CAKE rose to around $4, a lottery ticket now costs around $40 for a ticket. that is quite expensive when you see it in relation to the chances of winning. My suggestion would therefore be to lower the Lottery ticket price to 1-2 CAKE OR ticket price on a floating price based on the swap rate ($5 in CAKE)

Off-Chain Vote

Keep Lottery Ticket price at 10 CAKE

53.14 0%

Reduce Lottery Ticket price to 2 CAKE

3.51K 1.8%

Reduce Lottery Ticket price to 1 CAKE

10.28K 5.3%

Reduce Lottery Ticket price to floating price ($5 in CAKE)

178.96K 92.8%

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Timeline

Feb 08, 2021Proposal created

Feb 08, 2021Proposal vote started

Mar 08, 2021Proposal vote ended

Oct 26, 2023Proposal updated