The PancakeSwap community has launched the CAKE token economics 3.0 proposal: planning to reduce the supply by 20% over the next five years

PANews reported on April 8th that PancakeSwap shared a proposal for CAKE Token Economics 3.0 on platform X, the main contents include:

1. Achieving approximately 4% annual deflation (reducing the supply of CAKE by 20% by 2030);

2. Abolishing CAKE staking, veCAKE, Gauges Voting and profit-sharing mechanisms to realize true ownership of CAKE;

3. Reducing the emission rate of CAKE (daily emissions reduced from about 40,000 CAKE to 22,500 CAKE to support deflation), building a more efficient ecosystem.