PancakeSwap’s native token has been flattened this past week.

CAKE token has plummeted roughly 24.4% over the past seven days, per CoinGecko, as a proposed change to the project’s tokenomics looms large.

PancakeSwap is a decentralized exchange (DEX) built on the BNB Chain. The project recently forked Uniswap V3’s code and launched its version on Ethereum and Aptos.

The core team introduced the proposal to reduce the token’s inflation rate to 3-5% from the current rates above 20%.

In plain English, the proposal, if passed, would lower the amount of tokens the project’s stakers can earn.

“Current inflation rates are unsustainable for CAKE over the long term, and

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Author: Nivesh Rustgi

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