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PancakeSwapPancakeSwapby0xa96cC6E271f0c77C695E0013673831f9DC182fdcfancake.bnb

Constant CAKE Market Buyback

Voting ended about 5 years agoSucceeded

Currently, of the 0.2% trading fees:

0.17% goes to the liquidity provider and 0.03% goes to the Pancakeswap treasury

Proposal:

0.17% still goes to the liquidity provider and 0.03% is used to buy CAKE tokens. Increasing the value of the token. (Market buyback of CAKE token from Binance Exchange) These CAKE tokens from market buyback will still go to Pancakeswap treasury.

This proposal will create a constant market buyback demand for CAKE token in order to make sure the value of the CAKE token will appreciate gradually day by day.

Off-Chain Vote

I support
3.52M 95.6%
I don't support
162.9K 4.4%
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Timeline

Oct 25, 2020Proposal created
Oct 25, 2020Proposal vote started
Nov 25, 2020Proposal vote ended
May 25, 2025Proposal updated