The Pancakeswap team told its community via Twitter on Friday 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 and make room for upcoming new Syrup Pools, 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 up by more than 2% today and is currently trading at $4.614.