Hassan Maishera
The Pancakeswap team told its community via Twitter on Saturday 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. Importantly, 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.
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 1% today and is currently trading at $4.576.
