As an active CKP and mCake holder, I strongly support this tokenomics proposal. The current veCAKE system, particularly through partners like CakePie, has proven too complicated for average users and created more problems than benefits.
The CakePie peg issues have been concerning, with little transparency from the team when community members raise legitimate questions. When asking about implementation timelines for proposals like CIP #11, straightforward answers are rarely provided. The team’s slow implementation pace, combined with questionable voting practices involving MGP holdings, has undermined trust.
While some argue CakePie has benefited the community, my experience suggests otherwise. Deleting messages that question the peg on Telegram and telling users to “be more patient” after months of waiting isn’t building community - it’s eroding confidence.
This proposal’s simplification of tokenomics, unlocking of veCAKE, and more direct approach to emissions and burns addresses exactly what the ecosystem needs. True decentralization requires transparency and accessibility, not complexity that benefits only a few players.
I believe these changes will create a more sustainable and user-friendly PancakeSwap that stays true to DeFi’s core values.