Pancakeswap Proposes New Adjustments To Farm Rewards

Twitter icon  •  Published 1年前  •  Hassan Maishera

The Pancakeswap team told its community via Twitter on Thursday that it has submitted a new farm rewards adjustment proposal.

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.

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.