Pancakeswap, the largest decentralized exchange (DEX) on the BNB channel, has officially announced the implementation of Cake Tokenomics 3.0. This marks a major change towards a more sustainable and deflationary ecosystem.
According to the announcement, Pancakeswap will start to deploy the new Tokenomics model on April 23, 2025. The main objectives are to slow down the inflation of cakes, optimize the efficiency of the system and offer long -term value to the community. However, the Cake 3.0 proposal aroused considerable debate.
What are the main changes in Tokenomics 3.0 cake?
Pancakeswap has set three main objectives for Tokenomics 3.0: reaching an annual deflation rate of 4%, eliminating complex mechanisms such as Vecake and reducing cake emissions to improve sustainability.
Here are the specific changes:
- Retirement of cleansing of cakes, vecake, voting of gauges, sharing income and increased farm: Pancakeswap will interrupt the staking of cakes and the Vecake mechanism, which forces users to lock the tokens in exchange for voting rights or advantages. All lockled cakes and vecake will be unlocked.
- Burning mechanism to reduce supply in circulation: Pancakeswap will burn tokens to reduce the offer instead of sharing trading costs with users. The team plans to burn around 5.3 million cakes per year, supporting the deflation objective.
- Gradual reduction of cake emissions: Daily cake emissions will be reduced from 29,000 to 20,000, then to 14,500 tokens.
Users will have six months from April 23, 2025 to remove their previously locked cake.
The debate around the 3.0 cake
Several developers and community members believe that Cake Tokenomics 3.0 will benefit the long -term project.
“Basically, Gake Tokenomics 3.0 defends the true value and protects cake holders by strengthening long -term fundamentals, such as the aggressive reduction in emissions to accelerate deflation and increase the value in a sustainable manner,” said chief Philip.
However, not everyone agrees. Cakepie DAO – One of the biggest holders of Vecake – has targeted strong concerns on X. They criticized the decision to eliminate Vecake, the callant not transparent and potentially harmful to the projects built around this model.
This reveals a ditch in the community on the way Pancakeswap balances the deflation and the interests of stakeholders.
“SunSing Vecake would be devastating for cakepie and for each project built on long -term alignment with Pancakeswap. Our whole ecosystem is structured around Vecake, with millions of cakes locked for four years as a clear demonstration.
In response, Pancakeswap offered a remuneration set of $ 1.5 million in cake tokens. They offered it to CKP (cakepie token) holders if Cakepie has agreed to allow an exchange 1: 1 of McAke (Cakepie’s Cake Derived) on the cake.
However, Cakepie is currently voting for the opportunity to accept the offer.
At the time of the report, Cake has been negotiating about $ 1.97, up 17% since April 8, when Pancakeswap offered tokenomics 3.0 for the first time.
In addition, Defillama’s data show that the 24 -hour trading volume of Pancakeswap has exceeded $ 1 billion, exceeding the United Stateswap.
Meanwhile, a Beincrypto report reveals that Pancakeswap controls more than 90% of the DEX market share on the BNB channel. This highlights the strong relationship between the BNB channel and Pancakeswap.
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