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PancakeSwapPancakeSwapby0xfdb7982D571cc947B6A53308e7e049FfE0aC2fa00xfdb7…2fa0

Change The infinite money machine

Voting ended almost 5 years agoSucceeded

In this state, cake is an infinite money machine except from cake buying back and the lottery that burns cake.

there will be a lot of inflation and cake will eventually become worth less. just like fiat.

my plan is to reduce the amount of cake that can be mined I'm not sure if this can be implemented. it's just an idea.

my plan is as follows. we can return the cake by block. with a 0.5% every 3 months. so the first time the result will be 25: 100x99.5 = 24.875 per block and 3 months later 24.875: 100x99.5 = 24.75 per block and so on. It will slow down the inflation.

other plans are a max supply of cake. but what do we do when everything is mined? we can also implement transaction fees every time you exchange cake for another currency. that 0.5% / 1% cake is burned

Off-Chain Vote

None off the above
10.54K 7.5%
Yes, I want to reduce blocksize
29.06K 20.7%
Yes, want max supply 300mil?
98.77K 70.5%
Yes, want to burn cake 0.5%/1%
1.69K 1.2%
Other plans, make a proposal!!!!
0 0%
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Timeline

Mar 09, 2021Proposal created
Mar 09, 2021Proposal vote started
Mar 30, 2021Proposal vote ended
Oct 26, 2023Proposal updated