Once every month PancakeSwap holds a CAKE emission reduction vote, in an effort to speed up our mission to become emission neutral.
What does emission neutral mean?
Simple, the goal is for more CAKE to leave circulation than the amount of CAKE that's produced.
Why do we want to reduce CAKE emissions?
In the short term, reducing the rewards may lower farms’ APR a little initially. However, if you’re a long-term CAKE hodler, you’ll understand the potential effect to the price that reducing the amount of CAKE in circulation may have. Supply and demand.
CAKE emissions are 20 CAKE per block at the moment, which break down as per the image below.

At present, CAKE is also burned in the following ways:
- 0.05% of every trade made on PancakeSwap V2
- 100% of CAKE sent to the Dev address
- 100% of CAKE raised in IFOs
- 100% of CAKE spent on Profile Creation and NFT minting
- 20% of CAKE spent on lottery tickets
- 45,000 CAKE per day (historically assigned to the lottery)
- 3% of every Prediction markets round is used to buy CAKE for burning
- 2% of every yield harvest in the Auto CAKE Pool
That's not enough, not yet anyway, that's why there are more on the way.
Here's what we're proposing for this time around:
You can vote for any one of these three options!
❌ No change:
- 10 CAKE per block go to yield farms
- Total emissions = 20 CAKE per block (including Syrup Pool)
🔥 0.5 CAKE per block (5%) reduction to farm rewards:
- 9.5 CAKE per block go to yield farms
- New total emissions = 19.5 CAKE per block (including Syrup Pool)
🔥🔥 1 CAKE per block (10%) reduction to farm rewards:
- 9 CAKE per block go to yield farms
- New total emissions = 19 CAKE per block (including Syrup Pool)
CAST YOUR VOTE BELOW AND LETS BURN SOME CAKE!
