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PancakeSwapPancakeSwapby0x02d425Afd5094e9E11B9A2999256f66Aa87DeA1c0x02d4…eA1c

More ALT-CAKE LP farms

Voting ended almost 5 years agoSucceeded

A lot of cakers want to hold cake and altcoins. For the moment they can't. They have to sell their cakes to buy BNB and farms ALT-BNB. Someone who just want to farm BTC and CAKE for example can't do it. He has to sell some CAKE to buy BNB too.

I propose to create ALT-CAKE pair for each ALT-BNB pools. People will have the choice to provide liquidity in ALT and CAKE or in ALT-BNB.

Why is that good for Pancakeswap ?

  1. People can access to altcoins farms without having to sell their CAKE for BNB.

  2. More trading opportunities = more fees

  3. Bring CAKE to an other level. When you are on Binance, you have to use BNB. Now that Pancakeswap becomes bigger, it's time to be a little more independant and use CAKE instead of BNB. I love BNB when I'm using it on Binance as I love CAKE when I'm using it on Pancakeswap. This will also mean more decentralization too if Pancakeswap become Cross-chain and will attract more investors.

  4. CAKE price will pump cause less people have to sell the token for BNB and more people will buy it for ALT-CAKE farming.

Off-Chain Vote

Yes, I want ALT-CAKE LP farms
44.38K 87.8%
No, don't want ALT-CAKE LP farm
6.15K 12.2%
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Timeline

Mar 12, 2021Proposal created
Mar 12, 2021Proposal vote started
Mar 26, 2021Proposal vote ended
Oct 26, 2023Proposal updated