Adjust lottery and injection frequency
We're proposing to adjust the current lottery and injection frequency.
Current frequency:
- 4x lotteries per day
- 1x 50,000 CAKE injection per day
Proposed new frequency:
- 2x lotteries per day
- 1x 100,000 CAKE injection every 2 days
We believe this will help to increase participation overall and increase the speed that it takes the pot to grow as a result.
The CAKE burn rate for both at no tickets bought is very similar, however, if the new frequency is able to generate higher participation then the amount of CAKE burned per day will increase significantly.
Off-Chain Vote
2x lotteries per day & 1x 100,000 CAKE injection every 2 days
3.72M 99.6%
Don't change it
13.74K 0.4%
Timeline
Dec 09, 2020Proposal created
Dec 09, 2020Proposal vote started
Dec 10, 2020Proposal vote ended
Oct 26, 2023Proposal updated