PancakeSwap unveils CAKE Tokenomics 3.0, boosting CAKE price by 12%

Pancakeswap has unveiled his Tokenomics 3.0 proposal on a cake, fueling a 12% increase in the price of the token.

Pancakeswap (CAKE) has revealed A new proposal, detailing his vision of Gake Tokenomics 3.0. At the heart of the proposal is the objective of reaching the annual deflation rate of 4% by 2030. Other key changes include the elimination of vecake and voting systems, ending the implementation with immediate unlocking tokens and the sharing of income interrupting redirection costs to token burns.

The 4% annual deflation objective is based on the completion of the previous year of PancakesWap, where it managed to reduce the supply of cakes by 2.7% – the highest deflation rate among decentralized exchanges. This new target reflects Pankaswap’s commitment to transform the cake into a deflationary token, aimed at a total reduction in the 20% offer by 2030.

To this end, income sharing will be deleted. Instead of distributing part of the negotiation costs to users, these funds will now go to hot cakeSupport deflation by narrowing supply.

In addition, Pancakeswap plans to simplify your tokenomic by removing the Vecake voting system, where users had to lock their cake tokens for long periods to win voting power and influence emissions to specific liquidity pools. In return, the participants could earn awards from bribes of protocols seeking to attract liquidity. However, this system led to a poor allocation of the awards, where low -volume basins received a large part of the emissions despite very little activity or real income.

If the proposal is adopted, daily programs will be reduced in two – by around 40,000 cakes per day to 22,500 – which will occur 3 phases. Pancakeswap will directly manage emissions using real -time market data, prioritizing high volume liquidity pools. This will put an end to the requirements in terms of ignition – all the locked cakes will be unlocked and users will be able to use them as they see fit.

Meanwhile, Cake is traded at $ 1.81, up 12% in the last 24 hours. Investors probably bet on the long -term value of the cake, given the new deflationary mechanics.