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PancakeSwapPancakeSwapby0xd371dE4Ad519C59790daa0C26B42f590C8Ca6E070xd371…6E07

Adjust the current deflationary measures

Voting ended about 5 years agoSucceeded

PancakeSwap is a good project but what happens if it gets devalued. We have seen it hit an ATH of $1.3 and at the current price, old users have lost more than 60% of their investments. The current deflationary measures (burning 20% of lotto pot and reducing cake emission to 25 Cake/block) put in place are awesome but are they going to be able to hold in a year time? The answer is NO. Expert say that with the current deflationary measures, $Cake has a bull projection in 1-3 months time but $Cake might be devalued to $0.06 in a year time DYOR which brings about a huge loss to long term HODLERS. But don't FUD, we can fix this, by making lotteries every 3 or 7days, we have higher pots, more users are attracted, we can further increase burning to 30% of lotto pot, we can reduce Cake emission to 10 CAKE/ Block. The bunnies are working really hard to bring up more deflationary measures to prevent any downtrend but currently, we can adjust the one we have to 30% lotto pot burn and 10 CAKE/ BLOCK emission. We would need your support for this. Should we readjust the current deflationary measures?

Off-Chain Vote

Yes, readjust the current deflationary measures
287.68K 30.8%
No, let's wait for the bunnies to bring up more deflationary measures
646.47K 69.2%
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Timeline

Dec 09, 2020Proposal created
Dec 09, 2020Proposal vote started
Dec 31, 2020Proposal vote ended
Oct 26, 2023Proposal updated