PancakeSwap TVL Passes $380M Ahead of Fee-Sharing Vote
Edited by Steinar Vigdel Kolnes, Editor, Oslo
PancakeSwap’s proposed overhaul would allocate 88% of swap fees to liquidity providers and reduce CAKE emissions by 69%.
PancakeSwap’s total value locked has exceeded $380 million as a proposed change to its fee-sharing structure heads toward a vote.
The proposal would direct 88% of swap fees to liquidity providers. It also calls for a 69% reduction in CAKE token emissions, changing both fee allocation and token issuance.
The planned vote comes amid expanding decentralized finance activity on BNB Chain. The changes remain a proposal rather than an approved policy.
Source: Cointelegraph
