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PandaYieldPandaYieldby0xB7983Bec77D632C4C65C5C496555B5E438f1CE200xB798…CE20

Increase yield farm multipliers on main trading pairs

Voting ended almost 5 years agoSucceeded

PandaYield needs more liquidity in its main trading pairs (BBOO-BUSD, BBOO-BNB). With current low liquidity levels it doesn’t take much volume for whales to drastically affect the price of BBOO. I love alt coins as much as anyone, but we need to focus on growing liquidity/TVL in BUSD and BNB pairs to better entice new users to join us and continue our upward growth! It has been suggested previously, but I propose we increase farm multipliers for BBOO-BUSD to 40x (stable coin liquidity is most important) and BBOO-BNB to 30x (BNB is the most liquid asset on BSC). This may necessitate decreasing multipliers on less liquid altcoin pairs such as BBOO-LTC, BBOO-UNI, etc. But I believe this is an important step to help keep our beloved PandaYield project sustainable, and decrease BBOO price volatility while we await further updates for token burning, gamification, etc.

Off-Chain Vote

Agree, we need more liquidity
70.21K 99.5%
Disagree, keep things the same
330.73 0.5%
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Timeline

Mar 07, 2021Proposal created
Mar 07, 2021Proposal vote started
Mar 14, 2021Proposal vote ended
Oct 26, 2023Proposal updated