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BCH $200.66 -5.86%
LINK $8.77 -0.41%
HYPE $55.67 -4.19%
AAVE $85.38 -3.33%
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XLM $0.1593 -0.92%
ZEC $482.41 -2.34%

PancakeSwap proposes to improve the CAKE Token economics by setting the annual inflation rate of CAKE at 3% to 5%

2023-04-18 21:39:45

ChainCatcher news, the decentralized trading platform PancakeSwap has proposed significant improvements to the CAKE Token economics, suggesting to set the annual inflation rate of CAKE at 3% to 5% and transition to a low-staking inflation CAKE staking model with real yields and utility. A discussion proposal has been released.

The specific suggestions of the proposal include: proposing a staking allocation of 0.35 to 1 CAKE/block, instead of 6.65 CAKE/block; CAKE stakers will receive 5% of the trading fees from PancakeSwap V3's 0.01% and 0.05% fee tiers each month; increasing the CAKE release weight for long-term stakers. The percentage of trading fees allocated for buyback and burn will remain unchanged. (source link)

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