Pancakeswap Submits A New Farm Multipliers Adjustment Proposal

Twitter icon  •  Published hace 1 año  •  Hassan Maishera

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

The Pancakeswap team told its community via Twitter on Thursday that it has submitted a new farm multipliers 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. By redistributing farm rewards from the underperforming farms, APRs for all other performing farms will be boosted, enabling a more positive environment for increased trading, Pancakeswap added. 

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 4% today and is currently trading at $3.761.

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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.