Reaksi Cakepie DAO Terhadap Proposal Tokenomics 3.0 PancakeSwap
Cakepie DAO Slams PancakeSwap’s Tokenomics 3.0 Proposal, Warns of veCAKE Fallout https://cryptonews.com/news/cakepie-dao-slams-pancakeswaps-tokenomics-3-0-proposal-warns-of-vecake-fallout/

Tensions Rising in PancakeSwap Ecosystem: Cakepie DAO Slams Tokenomics 3.0 Proposal, Warns of veCAKE Fallout

Cakepie DAO, the largest holder of veCAKE and a longtime contributor to PancakeSwap's growth, has expressed strong opposition to the decentralized exchange's newly unveiled Tokenomics Proposal 3.0. The proposal aims to retire veCAKE, staking, gauges voting, and revenue sharing, sparking concerns among protocols that have built their ecosystems around these mechanics.

Cakepie DAO expressed deep frustration over the proposed retirement of veCAKE, claiming that it was blindsided by the decision, learning about it at the same time as the rest of the community. The DAO emphasized that its entire ecosystem is structured around veCAKE and that removing it would erase the commitment overnight.

PancakeSwap's rationale for its Tokenomics 3.0 proposal centers around a vision of deflationary growth, revenue efficiency, and protocol simplicity. According to the team, the new model targets an ambitious 4% annual deflation rate and aims to cut daily CAKE emissions from 40,000 to 22,500.

However, critics argue that this comes at the cost of decentralization. Cakepie DAO warns that a compromised governance process undermines trust and must not be overlooked. The DAO proposes alternative solutions, including direct rewards to pools that generate real value, allowing veCAKE holders who vote to receive a portion of the trading fees, and letting users exit early from veCAKE lockups in exchange for a penalty.

The coming days will determine the way forward from here, with the vote on Tokenomics 3.0 proposal set to decide the fate of veCAKE and the future of the PancakeSwap ecosystem.