The proposal is interesting. But there is a problem: v3 and Infinity stop burning CAKE. Why don’t you state this clearly?
This can easily be fixed in the proposal.
Allocate a portion of that 12% destined for the treasury to the burn mechanism. That way, the proposal will also be beneficial for CAKE holders.
I suggest 90% though it could be 50%, 30%, or 60% of that 12%:
Proposal Burn 90%:
Lp fees - > 88%
Treasury → 2%
Burn - > 10%
Proposal Burn 50%:
Lp fees - > 88%
Treasury → 6%
Burn - > 6%
Proposal Burn 30%:
Lp fees - > 88%
Treasury → 8%
Burn - > 4%
Comparing:
The important thing is for CAKE holders to also benefit from the burn—driven by the increased liquidity resulting from higher payouts to LPs. As it stands, it’s just CAKE holders once again footing the bill for LP benefits.
What is the point of improving liquidity, swap efficiency, volume, and everything else if CAKE holders don’t benefit from the increased volume in these pools?
Ps: We need to reduce supply more fast we can and not slow down the pace now. It is better if the supply is less than 300M in 2027 rather than 2030.