A Call for Fair Governance — Why Tokenomics 3.0 is a Concern for All
Dear PancakeSwap Community,
I understand that many of you support the recently proposed Tokenomics 3.0 changes, believing it will improve the system. However, we want to raise a critical concern that affects us all, no matter which side of the debate you stand on.
The changes implemented in Tokenomics 3.0 are not just a simple upgrade — they represent a fundamental shift in governance that leaves the door wide open for manipulation and centralization. If a single whale can lock 25 million CAKE to alter the vote outcome and then unlock immediately after, what’s to stop PancakeSwap from using this same model for future upgrades?
This is a textbook governance attack — one that could easily be repeated to undermine any of us. What’s stopping them from pushing through another major “upgrade” that could dismantle your side of the ecosystem, just like they did with Stake Dao & Cakepie?
Governance attacks like this don’t only affect one project — they harm the entire ecosystem, regardless of where you stand. When governance can be manipulated, no one is safe from the consequences.
I urge all members of the PancakeSwap community to recognize the dangers of this precedent. True decentralization can only exist if governance remains fair, transparent, and free from outside manipulation.
No matter what side you are on, a governance attack like this is detrimental to all of us.
Let’s stand together for the future of DeFi and ensure governance remains in the hands of the community.