PancakeSwap welcomes new IFO 3.0 with IFO CAKE Pool!
IFO 3.0 with a new method is here. Summarily summarizing changes in the fan cake swap IFO so far, are as follows.
IFO 1.0: Cake-BNB LP token
IFO 2.0: Introducing Profile Settings Policy to Proceed with BASIC Pool and Unlimited Pool
IFO 2.5: Only on Cake token, not LP token
IFO 3.0: Introducing credit method through Cake staking for a week in advance
The changed method is a method of determining Cake token quantity in accordance with the average staking quantity by staking with the CAKE for about 1 week before the IFO proceeds.
The IFO Staying Pool uses the existing CAKE autocomputed system, so you can get additional CAKE tokens during the staking period and automatically compatible (after claiming).
Until now, fan cake swap teams have a lot of distressed to distribute as muchly as possible on the back of the IFO, and the newly applied rules will be able to think that the policy has changed, whether a newly applied rule is a whale or a fantic tone.
Those who are already knowing are in advantage here but the pancake swap team are in the experience of the existing chiefs and are in the experience of the big changes that are often replaced by new members. Then, in the future development or future roadmaps, it is not expected to show rapidly as before, and in the end, the situation where the relationship between the chiefs with the replacement of the chefs in the meantime, no see.
This situation can be confirmed in Cake / BNB charts, and after the release, Cake has been moving like a kind of BNB leverage token, which has been achieved in a certain period of time, but when it has been coupled during a long period of time, Despite the way you can not use force.
Since the end of September, it is fully decoupled with BNB and has a continuing decline so far, which is the background, which is the following causes.
The overall weakness of the encryption market, Game, Metabus, NFT's strong and weaker tokens. The weakness of the BSC chain itself. Existing fan cake swap 1 generation. The disappointment due to the progress of the support, APY drop according to CAKE inflation rate reduction policy. Even in the case of NFT market and Pancake Squad, which I expected, there was no new in the case of Pancake Squad, and the riding function is not released, and the GameFi trend has not been released, which has always been leading fast trends, I think it is not what you want to do.
BISWAP, which has been introduced as a candidate for a fan cake swap, is a situation where BISWAP has been in charge of half of the pancake swaps, and it would not be possible to disperse the dominance that the fan cake swap was observed. Among the IFO projects that have been conducted in the fan cake swap, there are no projects that are currently surviving, except for the overlapping projects of the Beans Launchpad.
If there is no fresh function or idea that will be added in the future, personally, it is better to focus on project targets that are well-established in the long-term to grow the token release rate than reducing the token emission rate than reducing the token release rate.
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