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Pancakeswap Submits A Proposal for Adjustments to Farm Multipliers

Twitter icon  •  Published 3 years ago on June 15, 2023  •  Hassan Maishera

The Pancakeswap team told its community via Twitter on Wednesday that it has submitted a new proposal to reduce Farm Emissions for BNB Chain PancakeSwap v3 and Aptos PancakeSwap.

Pancakeswap Submits A Proposal for Adjustments to Farm Multipliers

The Pancakeswap team told its community via Twitter on Wednesday that it has submitted a new proposal to reduce Farm Emissions for BNB Chain PancakeSwap v3 and Aptos PancakeSwap.

Pancakeswap seeks to adjust v3 BNB Farm Emissions from 0.75 to 0.74 CAKE/block immediately. The team also wants to reduce Aptos Farm Emissions to 0.04 CAKE/block. These optimizations bring Pancakeswap closer to achieving ultrasound CAKE, 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 5% today and is currently trading at $1.348.

 

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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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