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

PANews October 14 news, according to Thedefiant, the PancakeSwap core team Kitchen has proposed a governance proposal called "The Flip," which plans to increase the proportion of trading fees from v3 and Infinity liquidity pools distributed to liquidity providers (LPs) to 88%, covering all 11 supported blockchains, while reducing the daily effective CAKE emissions from 22,500 to 7,000, a decrease of about 69%. The proposal is currently in the community discussion stage and will subsequently be submitted for a Snapshot vote.