The Pancakeswap team told its community via Twitter on Thursday that it has submitted a new farm rewards adjustment proposal. The goal of the proposal is to redirect rewards to high-value, high-performing farms, giving Pancakeswap more capacity to bring new farms to the table. Pancakeswap added that the purpose of these proposals is to redirect CAKE rewards given to farms that are underperforming and give them to farms that are providing the most value. In other words, redistributing farm rewards from the farms mentioned below will boost APRs for all other farms.
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 1% today and is currently trading at $3.250.