Should rewards be implemented for traders?
Why not have trading contests for CAKE? This would drive not only liquidity, but volume which increases rewards for LP providers. If we properly incent, we can create competition.
I would suggest paying for it with CAKE emissions. The increase usage will give the exchange great value, decrease slippage, bring in more users, and the appreciation in token value will make the emission investment worth it.
Off-Chain Vote
Yes, we should explore trading contests with CAKE rewards.
14.12K 21.6%
No, we should not explore trading contests with CAKE rewards.
51.12K 78.4%
Timeline
Dec 09, 2020Proposal created
Dec 10, 2020Proposal vote started
Dec 17, 2020Proposal vote ended
Oct 26, 2023Proposal updated