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PancakeSwap’s Commitment to Transparency and Community-Led Future
In a recent proposal, PancakeSwap has reaffirmed its commitment to transparency and community leadership with the introduction of tokenomics for its upcoming 3.0 version. This development demonstrates the decentralized exchange’s dedication to openness and collaboration with its users.
As part of this new initiative, PancakeSwap will increase transparency around CAKE burns, emissions, and volume through Dune Analytics. Additionally, the proposal outlines a plan to reduce the total supply of CAKE by 20% by 2030, aligning with the community’s demand for more sustainable tokenomics.
In an effort to further enhance transparency, PancakeSwap has announced its intention to release fire/mint reports, providing users with real-time data on key metrics. This increased transparency is a significant step forward in fostering trust and accountability within the DeFi ecosystem.
The proposal will be put to a vote by the community, ensuring that any changes align with the collective values and priorities of PancakeSwap’s users. The team encourages feedback from the community, which can be provided through the forum.
Source: https://www.cryptoninjas.net/news/pancakeswap-3-0-tokenomics-proposes-20-cake-supply-cut-by-2030/
