MultiversX Tracker is Live!

PancakeSwap Recent Farm Emission Increase And How It Will Affect The Platform

Binance

Cryptocoins Exchanges / Binance 202 Views

Hey guys!

Last week the PancakeSwap team posted a new proposal to increase the emissions of some existing key farms, in order to preserve the amount of liquidity locked and the current trading volume on these key farms.

I made a video where I explain this change and share my thoughts about it:

https://www.youtube.com/watch?v=XWsFZTwxBqk

The total farm's cake per block emission was reduced from 19 to 15, and it affected (reduced) the APR of all the farms in PancakeSwap.

The team wants to incentivize people to provide liquidity for those key farms (ETH, BTC, BNB, and Stable Coins) so they decided to increase the multiplier for these farms. We will explain this move in the video, discuss it and try to understand how it will affect the PancakeSwap platform and the Cake Token Price.

Here is the video

submitted by /u/sheetsjohn16
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments