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Home»ALTCOIN NEWS»PancakeSwap sets the date of cake 3.0 in community interests.
ALTCOIN NEWS

PancakeSwap sets the date of cake 3.0 in community interests.

By Crypto FlexsApril 21, 20253 Mins Read
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PancakeSwap sets the date of cake 3.0 in community interests.
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PancakeSwap, the largest decentralized exchange (DEX) in the BNB chain, officially announced the implementation of Cake Tokenomics 3.0. This is a more sustainable and a major shift to the deflation ecosystem.

According to the announcement, PancakeSwap will begin to launch a new tokenomics model on April 23, 2025. The main goal is to suppress cake inflation, optimize system efficiency, and provide long -term value to the community. But the Cake 3.0 proposal has caused a significant debate.

What are the main changes in Cake tokenomics 3.0?

PancakeSwap has set three main goals for Tokenomics 3.0. It achieves an annual deflation rate of 4%, removes complex mechanisms such as Vecake, and improves sustainability to reduce cake emissions.

Specific changes are as follows:

  • Cake Staying, Vecake, Gauge Voting, Revenue Sharing and Retirement of Farm Improvement: PancakeSwap stopped cake staying and Vecake mechanisms, so the user had to lock the token in return for voting or benefits. All locked cakes and bekakes are unlocked.
  • Mechanism to reduce circulation supply: PancakeSwap will burn tokens to reduce supply instead of sharing trading fees with users. The team expects to support the deflation goal by burning about 5.3 million cakes every year.
  • Pharmaceutical decrease in cake emissions: The daily cake emissions are reduced to 29,000 to 20,000 and later to 14,500 tokens.

The user must withdraw the previously submerged cake for six months from April 23, 2025.

Controversy over cake 3.0

Some developers and community members believe that Cake Tokenomics 3.0 will help the project in the long run.

The core of the Chef Philip Chef Philip is the cake tokenomics 3.0 defend the true value and strengthen the long -term foundation to protect the cake holder to accelerate the release and continuously increase the value. Protect it. ”

But not everyone agrees. One of the largest Vecake holders, Cakepie Dao, has caused strong concern about X. They criticized the decision to remove the Vecake and potentially damaged the projects built around the model.

This shows the division of the community on how pancakes and rap balance the deflation and stakeholders’ interests.

“SUNSETTING VECAKE will be destructive for all projects based on long -term alignment with Cakepie and PancakeSwap. Our entire ecosystem is structured around Vecake, and millions of cakes are trapped by dedicated devotion for four years. You will erase your promise and erase the trust and effort of all buildings.

As a result, PancakeSwap offered a $ 1.5 million reward package for cake tokens. If Cakepie agreed to allow a 1: 1 swap with a cake in the cake (cake metrivative), they provided it to the CKP (Cakeie’s token) holder.

However, Cakepie is currently voting for accepting proposals.

PancakeSwap (cake) 3 months price chart. Source: Beincrypto

At the time of reporting, CAKE is about $ 1.97, up 17% since April 8.

In addition, according to DEFILLAMA’s data, PancakeSwap’s 24 -hour trading volume exceeded $ 1 billion and surpassed Uniswap.

Meanwhile, according to Beincrypto’s report, PancakeSwap controlles more than 90% of the DEX market share in the BNB chain. This emphasizes the powerful relationship between the BNB chain and the PancakeSwap.

disclaimer

By complying with the Trust Project guidelines, Beincrypto is dedicated to unbiased and transparent reports. This news article aims to provide accurate and timely information. However, readers should check the facts independently and consult with experts before making a decision based on this content. Our Terms and Conditions, Personal Information Protection Policy and Indemnity Clause have been updated.

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