PancakeSwap community initiates CAKE tokenomics 3.0 proposal: aims to reduce supply by 20% over the next 5 years
ChainCatcher message, PancakeSwap shares the CAKE Tokenomics 3.0 discussion proposal on platform X, which includes:
- Achieving approximately 4% annual deflation (a 20% reduction in CAKE supply by 2030);
- Eliminating CAKE staking, veCAKE, weighted voting (Gauges Voting), and revenue sharing mechanisms to achieve true CAKE ownership;
- Reducing CAKE emissions (daily emissions decreased from about 40,000 CAKE to 22,500 CAKE to support deflation), building a more efficient ecosystem.
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