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Pancakeswap Proposes A Reduction In Farm Emissions For BNB Chain PancakeSwap v3

Share on X icon · Published 3 years ago on June 26, 2023 · Hassan Maishera

The Pancakeswap team informed its community members via Twitter on Wednesday that they are proposing a 0.01 CAKE/block reduction to BNB Chain v3 Farm emissions.

Pancakeswap Proposes A Reduction In Farm Emissions For BNB Chain PancakeSwap v3

The Pancakeswap team informed its community members via Twitter on Wednesday that they are proposing a 0.01 CAKE/block reduction to BNB Chain v3 Farm emissions.

The team proposes to reduce v3 BNB Farm Emissions from 0.74 CAKE/block to 0.73 CAKE/block immediately. This gradual optimization will ensure that Pancakeswap gets closer to ultrasound CAKE while ensuring that the team maintains its leading position on BNB Chain.

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 4% today and is currently trading at $1.546.

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Hassan Maishera
Hassan Maishera Senior Reporter

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.

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