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One address holds 77% of votes opposing PancakeSwap's liquidity fee and token issuance changes

Market News
22 Oct 2026
Tokenpost
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Bearish
One address holds 77% of votes opposing PancakeSwap's liquidity fee and token issuance changes

In PancakeSwap's governance vote on Oct. 22, one address accounted for about 77% of the opposition against proposed changes to liquidity fees and token issuance. The proposal aims to increase liquidity providers' fee share to 88% on v3 and Infinity pools while reducing daily PancakeSwap token (CAKE) issuance from 22,500 to 7,000 gradually. Voting is ongoing and scheduled to close on Oct. 24, with the current tally showing 97.81% against and 2.19% in favor. This vote is significant as it affects rewards for liquidity providers and the token supply dynamics.

CAKE (PancakeSwap) trades at Rp38,830 on Pluang as of Oct 22, 2026 22:22 WIB, down 3.56% in one day. The token's market cap stands at Rp12.35 trillion with a 24-hour volume of Rp674.42 million. Pluang users show a balanced interest with 58% buy and 42% sell orders, holding CAKE typically for 75 days.

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