PancakeSwap: CZ Backs 'The Flip' Emission Cut
CZ Binance highlighted PancakeSwap's new proposal 'The Flip' which would let LPs on v3 and Infinity keep 88% of swap fees while slashing CAKE emissions from 22,500 to 7,000 per day across 11 chains.
SourceAnalysis
CZ Binance amplified PancakeSwap's latest governance move called The Flip, shifting more swap fees to liquidity providers while slashing token emissions.
The plan raises LP share of fees to 88% on v3 and Infinity pools from the prior 66-68% range, drops daily CAKE issuance to 7,000 tokens routed through the new Pantry growth fund, and leaves v2 unchanged so burning continues and supply stays deflationary.
CAKE trades at $2.37 inside its Bollinger band with the upper edge at $2.4 acting as immediate resistance; the 50- and 200-period EMAs both sit at $2.32 and now function as layered support after the golden cross in MACD, while RSI at 61.68 leaves room before overbought territory, suggesting any push against the band could trigger a measured pullback to the EMA cluster before momentum resumes.
CZ_BNB
@cz_binanceFounder and former CEO of Binance, the world's largest cryptocurrency exchange. Shares insights on cryptocurrency adoption, blockchain technology development, and personal perspectives on building in the Web3 space, while navigating regulatory challenges and industry evolution.