PancakeSwap, a leading decentralized exchange (DEX) on the BNB Smart Chain (BSC), has passed the CAKE Tokenomics v2.5 Decision Proposal that makes their native token scarcer.
The proposal aimed to transform the tokenomics model of CAKE, the DEX’s utility token. The primary focus being on low staking inflation where real yield is from the protocol’s revenues. It also looked at adjusting its product to favor longer-term CAKE stakers.
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Author: Julius Mutunkei
Author: Julius Mutunkei
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