PancakeSwap Unveils New CAKE Tokenomics 3.0 for Enhanced Ownership

PancakeSwap has released a proposal on X (formerly Twitter) outlining its new CAKE tokenomics version 3.0. The plan focuses on making the ecosystem more efficient and increasing user ownership of the CAKE tokens. Key changes include an annual deflation rate of approximately 4%, which will reduce the overall supply by 20% by 2030. The proposal eliminates existing mechanisms like CAKE staking, veCAKE, gauges voting, and revenue-sharing to achieve true token owner equity. Additionally, the emission rate of CAKE is being reduced, decreasing daily emissions from around 40,000 CAKE to 22,500 CAKE, further supporting the deflationary strategy and creating a more efficient ecosystem.