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      PancakeSwap proposes governance plan to raise LP fee share to 88%

      PANews reported on October 14, citing The Defiant, that PancakeSwap's core team Kitchen has proposed a governance plan called "The Flip" to increase the share of trading fees allocated to liquidity providers (LPs) in v3 and Infinity liquidity pools to 88%, covering all 11 supported blockchains, while reducing CAKE's effective daily emissions from 22,500 to 7,000, a decrease of about 69%. The proposal is currently in the community discussion stage and will be submitted to a Snapshot vote.


      Source: PANews
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud