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Pancakeswap Submits A New Proposal For CAKE Emissions Streamlining

Twitter icon  •  Published 2 years ago on January 31, 2023  •  Hassan Maishera

The Pancakeswap team informed its community members via Twitter on Monday that it has submitted a new proposal for CAKE Emissions Streamlining.

Pancakeswap Submits A New Proposal For CAKE Emissions Streamlining

The Pancakeswap team informed its community members via Twitter on Monday that it has submitted a new proposal for CAKE Emissions Streamlining. The team proposes to re-illustrate their emissions from a product view to a functional view (e.g., Trading, Staking, etc.). For this vote, there is no change in total emissions or product emissions, the team 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 2% today and is currently trading at $4.003.

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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.

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