Reproposal: Locked Staking CAKE on pancakeswap
Published
4/2/2023, 1:11:06 AM
Closes
4/8/2023, 10:00:00 PM
Votes
17
Voting Type
single choice
Quorum
0
Author
990x99C9...8183Proposal Content
Summary
Second and Last Proposal for: Staking CAKE for 52W APR 42% interest (Trying again because we reached 50% quorum relatively fast until our availible liquidity dropped. Im adjusti...
Second and Last Proposal for: Staking CAKE for 52W APR 42% interest
(Trying again because we reached 50% quorum relatively fast until our availible liquidity dropped. Im adjusting the voting option according to our availible liquidity.)
The PancakeSwap token CAKE is the Liquidity Provider token for the PancakeSwap platform on the BEP20 chain.
Fund allocation and personal opinion
Since DCIP is on the BEP20 chain aswell, the allocation supports this project indirectly (DCIP is on CAKE). Locked APR at these rates are attractive and generate income for our own fund here (see screenshot below). The idea would be to renew the locked staking after 52W, until we decide to liquidate the position. The token was fairly stable since Aug 22, and will very likely increase in value when volumes get back to what they were in the last bull market.
Technical details
- Token Name: PancakeSwap CAKE
- Token Address: 0x0e09fabb73bd3ade0a17ecc321fd13a19e81ce82 , 0x159df6b7689437016108a019fd5bef736bac692b6d4a1f10c941f6fbb9a74ca6::oft::CakeOFT
- Token Chain: Binance Smart Chain, Aptos (Bridge)
- Audit: CertiK, SlowMist
- Proof of Audit:
https://www.certik.com/projects/pancakeswap?utm_source=CMC&utm_campaign=AuditByCertiKLink and
https://www.slowmist.com/security-audit-certificate.html?id=015e0e0a3ef5ea0e2bd9651c9cb47af497597d9e42b1fc13bdf46689c4a2b4f6 - Further Details: https://coinmarketcap.com/currencies/pancakeswap/

Voting Results
0
75.08B
4051.74B
27620.34B
Total Votes
17
Total Score
31747.16B