have gone too far. Now reducing those that have them locked (most of mine are LP that doesn't affect me as much). The team is too scared to hit the max cap. Hitting the max cap even before reduction would still take a couple years. Now longer. Buying time for what? I say turn it back on and hit the max cap head on. And pancake will do what they do, come up with an inventive way to change and be competitive. Lowering apy/apr is just pushing people away and not making anyone want to buy it. And now they won't want to lock up since pools allotment can change while they are locked. This is the best team and collection of brains in defi. Meet the cap and come up with something that will change the game, rahter than reducing and reducing pushing people away scared of max cap.
https://t.me/PancakeSwap/2625134
Some of this is actually true tbh and I've been here a long time now, since locked staking came I could see in a few months when people started locking long apy would drop so since the change I just never staked again, barely look at pcs anymore with other pools dropping apy so hard too 🤷♂️ less than 10% on flexible was a big put off and dropping apy for a 1yr lock up isn't appealing either. A shame, I hope someone can make a proposal or something be changed somewhere to bring back the desirable higher % syrup pools atleast would be nice.
Decisions were made via Fair Voting though,
I know and understand, I even voted for locked staking to come, just didn't think it would affect every new syrup pool apy % down into single digits (after the initial couple days). I thought it would increase apy on flexible with people locking too, guess I got it all wrong which kinda sucks 🤦♂️
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