PancakeSwap Proposes 69% Cut in Daily CAKE Token Supply

PancakeSwap has proposed a major change called “The Flip” that would change how its decentralized exchange shares trading fees and rewards users across 11 blockchain networks. Under the proposal, users who provide crypto for trading would receive a larger share of the fees from its v3 and Infinity trading pools. Their share would rise from 66% to 68% in some cases, and up to 88% in others. The rest of the fees would go to PancakeSwap’s treasury. Its older v2 pools would keep their current system, which uses fees to buy back and destroy CAKE tokens, reducing the total supply.

Source: DeFi Planet