Pancakeswap’s CAKE Tokenomics v2.5 Proposal Passes

Twitter icon  •  Published hace 10 meses  •  Hassan Maishera

The Pancakeswap team informed its community members via Twitter on Friday that the CAKE Tokenomics v2.5 Decision Proposal passed with reduction of CAKE Syrup Pool emissions to 3 CAKE/block immediately.

The Pancakeswap team informed its community members via Twitter on Friday that the CAKE Tokenomics v2.5 Decision Proposal passed with reduction of CAKE Syrup Pool emissions to 3 CAKE/block immediately. The team added that the execution was to take place immediately. The new tokenomics offers benefits for long-term CAKE stakers, low staking inflation, and real yield.

PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is down by 3% today and is currently trading at $2.612.

Author

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.