The recent evolution of #PancakeSwap has involved significant changes to its tokenomics, emissions, and growth strategies. This has included enhancements from #CAKE Tokenomics v2.5 to the launch of the veCAKE Gauges System. Currently focusing on achieving consistent deflation and aiming for an "ultrasound CAKE," PancakeSwap proposes a reduction in the maximum CAKE token supply from 750 million to 450 million. With the circulating supply at 388 million, this move is expected to support market expansion across various chains and sustain the #veCAKE model.
The rationale behind this proposal includes providing the community with a clear outlook on future CAKE token supply, accelerating the path to ultrasound CAKE by adjusting the total supply, and ensuring enough flexibility for growth initiatives. The adjustment details involve decreasing the total supply by 300 million CAKE tokens, with steps outlined to implement this change.
To engage the community in discussion and gather feedback before the proposal's formal voting stage, PancakeSwap invites suggestions and comments in a dedicated forum. They emphasize the importance of community input and intend to consider and incorporate suggestions before finalizing the proposal. Additional resources are provided for further understanding, including Monthly CAKE Burn Reports and documentation related to CAKE #tokenomics .

PancakeSwap announced the launch of the veCAKE voting market on Cakepie, allowing veCAKE holders to participate and receive voting rewards.

Cakepie is a Yield & veTokenomics service provider (veCAKE Manager) designed by Magpie to support the long-term development of PancakeSwap’s voting governance.

#PancakeSwap #veCAKE #Cakepie #Cake #PancakeSwapv4

PancakeSwap, a decentralized exchange, has proposed to launch veCAKE on opBNB as part of its broader multi-chain expansion.

#PancakeSwap #BullorBear #veCAKELaunchProposal #veCAKE #Cake