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PancakeSwapPancakeSwapby0xa96cC6E271f0c77C695E0013673831f9DC182fdcfancake.bnb

Cake Rewards Booster to create Buying Pressure

Voting ended over 5 years agoSucceeded

This proposal aims to create buying pressure and at the same time locking up cakes to smoothen or slow down the selling pressure.

For the LP farming, we could increase the pool share weightage by having cake rewards booster as illustrated later in this proposal.

We can introduce a separate cake staking for LP farmers. Please note that this cake staking proposed is different from cake staking at the current Staking page.

So for LP farmers, we could have the following Cake Rewards Booster:

Cake Staked 1 month 3 months 6 months 10000 0.1x 0.4x 0.9x 50000 0.7x 1.6x 3.4x 100000 1.5x 3.2x 6.8x

The value used above is only for illustration purpose.

This booster mechanism is currently deployed by Crypto.com DeFi Swap. Venus Protocol might have this feature called booster but we can only confirm when they roll out their mainnet.

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Timeline

Oct 29, 2020Proposal created
Oct 29, 2020Proposal vote started
Nov 14, 2020Proposal vote ended
May 25, 2025Proposal updated