Who should be responsible for these events? Tim. Why was

First of all, we understand that for some people, the timing may seem odd given that we're seeking the reduction of CAKE Syrup Pool rewards at the time of the 1yr unlock. There are various reasons for this. First and most importantly, the community initial vote shows that more than half (~2200/~3700) of the voters are in favour of reducing Syrup Pool emissions significantly (down immediately to 0.35 CAKE/block) to manage inflation. Regardless of which option was voted on, there was also consensus across most voters that inflation needed to come down, which is in line with what we think as well. While CAKE staking happens throughout the year, there is a significant spike in unlocks at this time, and we think it is better to have the conversation now than to do it after users have relocked for another year. Second, the timing coincides with the successful launch of v3. v3 allows us to compete on competitive grounds with other major DEXs on other chains. This means that 1) PancakeSwap will be able to take volumes on new chains (see Ethereum v3) instead of simply deploying there with an execution model that does not have a chance to be very successful (see Ethereum v2). This launch also demonstrates to the community that PancakeSwap is not just a leading BNB Chain DEX, but a DEX that can be significant on other chains even if it is a very established chain like Ethereum, and that the Chefs can deliver on higher trading volumes and fee sharing coming from other chains in the future. On revenue sharing, the intention is to align token inflation with actual growth of the protocol. As last year's litepaper highlighted, PancakeSwap is no longer trying to bootstrap an ecosystem by printing CAKE tokens to grow users at all cost. Inflation, in effect, is redistributing value from earlier users to new users by allowing newer users to gain token share at a faster rate than the protocol is growing. We have looked at how all other major DEXs have modified their token emissions over the last year. PancakeSwap is currently the last top DEX that is highly inflationary. Long-term, we believe that users will appreciate that staking APRs and revenue share that is matched to PancakeSwap's growth rate will ensure fair, consistent growth. The final proposal that is going out will ask the community to vote on a more gradual decline of the Syrup Pool APR that is still targeted towards lower inflation. We think this balances out interest of the 2 group of voters while ensuring that we're still going towards low inflation of the CAKE token.

0

07.05.2023

Ceddi || Cake Midas

شهرام
What is the reason for the current price drop?

1 year locks unstaked, There's no bad news, and there's no FUD, and there's nothing like else. PCS is continue to developing, continue to bu🔥rning, and continue to all with you can check our latest news.

0

07.05.2023

Oswald Alp

شهرام
👆👆؟؟؟

Dropping prices are caused by either a HH price that needs resting in a retracement C and making the extension CD of a ABCD pattern technically and by news the prices really move.

0

07.05.2023

Combot

شهرام
👆👆؟؟؟

How to protect yourself against spam chat: ❗️ Read Me So You Can Keep Safe❗️ 📌 Please do the following in your Telegram app 📱 1️⃣ Go to: Settings 2️⃣ Select: Privacy and Security -> Groups 3️⃣ Select: Who can add me to group chats? -> My Contacts 🔓 This will protect you from scammers adding you to FAKE groups/chats 🔓 1️⃣ Go to: Settings 2️⃣ Privacy And Security 3️⃣ Phone Number: Nobody 4️⃣ Forwarded Message: Nobody 5️⃣ CALLS: Nobody Thank you. Stay #SAFU.

0

07.05.2023

Ceddi || Cake Midas · Accepted Answer

Ceddi || Cake Midas

https://pancakeswap.finance/voting/proposal/0x707643dd2c2b941c7274f26a0362922198912e8549050ae9f2d1d9d71ada04bb

0

07.05.2023

212 похожих чатов

Who should be responsible for these events? Tim. Why was

10 ответов

Похожие вопросы