DCDCIP
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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

Proposal 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

image

Voting Results

Disagree0.0%

0

Allocate $ 200 USD0.2%

75.08B

Allocate $ 350 USD12.8%

4051.74B

Allocate $ 650 USDLeading87.0%

27620.34B

Total Votes

17

Total Score

31747.16B

Source Links

Original Proposal
Reproposal: Locked Staking CAKE on pancakeswap | UnderTide