CAKE Tokenomics Proposal 3.0: True Ownership, Simplified Governance and Sustainable Growth

[Muz_FE]

There will still be utility for $CAKE. And if all the efforts to buyback and burn pays off then we should see an increase in $CAKE price.

Numbas going up is the best utility in this industry

@ChefMaroon

1. IFO Participation Made Easier:
Previously, users had to stake CAKE on PancakeSwap to participate in Initial Farm Offerings (IFOs). Going forward, we will remove this requirement. After the success of five TGE events with Binance Wallet, we aim to open up IFO participation to anyone with CAKE in their non-custodial wallet. There will be no need to lock them up beforehand—simply use your CAKE to subscribe to IFOs. This change reduces the barrier to entry and encourages more users to join the CAKE ecosystem.

2. TGE Event Participation:
Following the success of co-hosting five TGE events with Binance Wallet, CAKE will soon be usable to subscribe to Token Generation Events (TGEs) hosted by Binance Wallet and PancakeSwap. Similar to IFOs, there will be no need to stake CAKE in advance—users will simply commit the amount of CAKE they want to participate with, and any unused CAKE will be refunded after the event.

3. Flexible Voting Proposals:
We propose introducing a new voting system where CAKE holders only need to commit CAKE temporarily during the voting period to submit their votes. This eliminates long-term staking commitments, offering more flexibility and greater control over governance decisions.