The proposal of "reducing block rewards" initiated by PancakeSwap DAO, as of now, nearly 70% of the votes are in favor, and the voting will end (tomorrow) at 18:00 on April 28. According to the proposal, the CAKE block rewards on Syrup Pool, PancakeSwap's main liquidity pool on BNB Chain, will drop by 94% (Syrup Pools allow users to lock tokens for up to one year to obtain CAKE rewards).

The content of the "active reduction" option is as follows: immediately adjust the release amount of CAKE Syrup Pool from 6.65 CAKE/block to 3 CAKE/block, after that, reduce 0.5 CAKE/block every month for 5 months, CAKE Syrup Pool release The amount decreased to 0.35 CAKE/block (about 2% APR) in the 6th month.