Decentralized exchange (DEX) PancakeSwap wants to lower its token inflation to anywhere between 3% to 5% per annum, far below current rates of over 20%.
In a proposal released on Apr. 18, the DEX cited the need to transition PancakeSwap (CAKE) into a staking model characterized by "low staking inflation," "real yield drawn from PancakeSwap's protocol revenues," and "product benefits favoring longer-term CAKE stakers."