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PancakeSwapPancakeSwapby0x6eaf1b33b8672c5dc40aB8f4bA3A0111723126c70x6eaf…26c7

Farm adjustments

Voting ended almost 5 years agoSucceeded

We're proposing an update to the #PancakeSwap farm rewards:

Redirect rewards from 🥞 low liquidity / low volume farms 🥞 farms with excessive liquidity to: 🥞 Key farms with low rewards 🥞 and make room for more new Syrup Pools!

Basically, to decrease the dilution of rewards across all of the existing farms while adding new ones, and combat what would be considered inefficient liquidity, we need to keep cycling out/down farms that either don't contribute enough volume (the liquidity is not being utilized by traders), there is far more liquidity than is needed in the case of some of the more popular farms or there is simply not enough liquidity/volume being provided due to lack of overall interest.

Doing this will allow us to keep adding more new partners, syrup pools and farms while maintaining a decent rate of APR across all farms.

Here's today's proposal for adjustments:

Pair Current Multiplier New Multiplier Change
EOS-WBNB 0.5 0.3 -0.2
DOT-WBNB 2 1 -1
YFI-WBNB 0.5 0.3 -0.2
INJ-WBNB 1 0.5 -0.5
SXP-WBNB 1 0.5 -0.5
STAX-CAKE 0.1 0 -0.1
NAR-CAKE 0.1 0 -0.1
NYA-CAKE 0.1 0 -0.1
bRooBEE-CAKE 0.1 0 -0.1
UNFI-WBNB 1 0.5 -0.5
PSG-BNB 0.1 0 -0.1
JUV-BNB 0.1 0 -0.1
Ditto-BNB 1 0.5 -0.5
ASR 0.1 0 -0.1
ATM 0.1 0 -0.1
OG 0.1 0 -0.1
TEN 1 0.5 -0.5
bALBT 1 0.5 -0.5
beth-eth 1 0.5 -0.5
SUSHI-BNB 1 0.5 -0.5
Total current 11.9 Total removed -6.3

So, what do you think?

Off-Chain Vote

Yes, make the adjustment
2.87M 99.8%
No, don't make the adjustment
7.12K 0.2%
Download mobile app to vote

Timeline

Mar 18, 2021Proposal created
Mar 18, 2021Proposal vote started
Mar 19, 2021Proposal vote ended
Oct 26, 2023Proposal updated