I am proposing that the current IFO platform on PancakeSwap be restructured to better reward actual PancakeSwap platform users, $CAKE holders, and $CAKE liquidity providers.
This proposal does NOT require users to buy up $CAKE-$BNB-LP in order to participate in the IFO since this just encourages large holders to stake extremely large amounts of $CAKE-$BNB-LP for a very short period of time, only during the IFO. The current structure does not offer a fair chance to smaller $CAKE holders, nor does it reward actual PancakeSwap platform users.
---- THE PANCAKESWAP IFO V2 PROPOSAL! ----
LEVEL 1 - $CAKE POOL / $CAKE-LP - 80% of IFO: 80% of the IFO will be allocated to users who are actively staking $CAKE or $CAKE paired LP under the following rules:
LEVEL 2 - BUNNY BONUSES - 20% of IFO: 20% of the IFO will be allocated to users who qualify for ‘Bunny Bonuses’. The Bunny Bonus scheme gives active PancakeSwap users additional IFO commitment points/percentages through a range of platform interactions or tasks during the 10 day average calculation period, such as:
The 10 day average calculation of the user's $CAKE Pool / $CAKE LP farm holdings is a fair method which rewards REAL users of PancakeSwap and benefits longer term liquidty providers on the platform, and not the ones who simply buy up LP an hour before the IFO. The announcements of new IFOs need to remain random and will be made ONLY after the final 10 day average holdings method is calculated. Users will NOT know when the 10 day calculation period is until after it has already finished, avoiding any market 'snapshot dumps' and also rewarding real PancakeSwap platform users, and longer term liquidity providers. Users will receive real benefits from staking their $CAKE or providing liquidty on $CAKE-LP pairs.
The IFO V2 Proposal also works with only the Level 1 taking 100% of the IFO allocation, but the addition of the Level 2 'Bunny Bonuses' helps reward users who use the PancakeSwap platform.
PancakeSwap #IFOV2 by @DeFiStalker (Twitter)