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PancakeSwap Opens Vote To Cut CAKE Emissions By Around 69%

Bitcoinist
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PancakeSwap Opens Vote To Cut CAKE Emissions By Around 69%

TL;DR: PancakeSwap’s ‘The Flip’ vote would boost liquidity providers‘ share of certain trading fees to 88% while cutting daily CAKE emissions to 7,000. PancakeSwap holders are being asked to decide how much value should go to liquidity providers and how much new CAKE the protocol should continue issuing. Voting has opened on ‘The Flip’, a […]

Key Takeaways

  1. TL;DR: PancakeSwap’s ‘The Flip’ vote would boost liquidity providers‘ share of certain trading fees to 88% while cutting daily CAKE emissions to 7,000.
  2. PancakeSwap holders are being asked to decide how much value should go to liquidity providers and how much new CAKE the protocol should continue issuing.
  3. Voting has opened on ‘The Flip’, a […]
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Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.