Although CAKE's NFT space saw a dip, sales rose. Market indices and metrics continue to favor the bears. Recently, PancakeSwap presented a new proposal, which is presently up for voting. A new Syrup Pool being formed with Ternoa is the subject of the new plan.
A layer 1 blockchain infrastructure called Ternoa was created to support widespread NFT adoption. The plan calls for PancakeSwap to allow users to stake CAKE tokens in exchange for CAPS tokens. Along with the CAPS Syrup Pool, PancakeSwap will offer a CAPS-BNB farm. According to the idea, there will be 7,000,000 CAPS in total, and the distribution period would last 90 days. This Syrup Pool will have no CAKE cap and allow for unlimited CAKE staking. #pancakeswap