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PancakeSwapPancakeSwapby0x41B67100df10770E93a9EB857AfD48c6dF47D5010x41B6…D501

Stake CAKE lottery injections for perpetual, compounding lottery rewards.

Voting ended over 5 years agoSucceeded

Don’t inject into the lottery directly like you’ve been doing because the winners keep winning and immediately dumping.

Listen to this:

Inject the CAKE into an address that stakes the CAKE.

Burn the syrup from those injections so the CAKE can never be unstaked.

As you increase the injections, the rewards can be used to pay out in the lottery.

Initially, this will mean for a very slow build to the lottery rewards, but as the amount of staked cake grows it will generate more rewards to feed the lottery.

You can even make this gradual at first so the lottery doesn’t take a massive hit all at once. Inject 3/4 directly into lottery and divert the other 1/4 to a “progressive” jackpot.

Once X amount of CAKE is staked into that address, then divert 1/2 of the injection to the progressive address and so forth and so on until all the CAKE goes into staking and only what is generated from staking feeds the jackpot.

Then it’s like burning a lot more cake then you are burning now.

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Timeline

Oct 29, 2020Proposal created
Oct 29, 2020Proposal vote started
Nov 05, 2020Proposal vote ended
Oct 26, 2023Proposal updated