BlockBeats News, April 8th, according to official sources, PancakeSwap has initiated the CAKE Tokenomics 3.0 proposal discussion, with the main proposals including:
The CAKE token will achieve approximately 4% annual deflation;
Abolish CAKE staking, veCAKE, Gauges voting, and revenue sharing to achieve true CAKE ownership;
Reduce CAKE emissions, with daily emissions decreasing from around 40,000 CAKE to 22,500 CAKE.