PancakeSwap Opens Vote To Cut CAKE Emissions By Around 69%

TL;DR: PancakeSwap’s ‘The Flip’ vote would boost liquidity providers ‘ share of certain trading fees to 88% while cutting daily CAKE emissions to 7,000. PancakeSwap holders are being asked to decide how much value should go to liquidity providers and how much new CAKE the protocol should continue issuing. Voting has opened on ‘The Flip’, a proposal first outlined to the community earlier in October. Under the plan, liquidity providers on v3 and Infinity pools would keep 88% of swap fees, up from roughly two-thirds on many pools. The protocol’s remaining 12% fee share would go to its treasury.

Source: Bitcoinist