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Pancakeswap Asks Its Community To Vote On A New Proposal

Twitter icon  •  Published 3 years ago on June 6, 2022  •  Hassan Maishera

The Pancakeswap team announced on Monday that its community can now vote on a new farm rewards adjustment proposal.

Pancakeswap Asks Its Community To Vote On A New Proposal

The Pancakeswap team announced on Monday that its community can now vote on a new farm rewards adjustment proposal. According to the decentralized exchange, the proposal seeks to redirect rewards to high-value, high-performing farms and make room for upcoming new Syrup Pools. 

PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is up by more than 3% today and is currently trading at $4.491.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.