ME News reports that on June 22 (UTC+8), the PancakeSwap community voted in favor of the proposal to "Reallocate Byproduct Fee Streams to Optimize the Treasury," with 99.57% in support. The proposal includes The Kitchen’s suggestion to redirect fees generated by PancakeSwap byproducts—defined as products other than AMM v2, v3, and Infinity—to the PancakeSwap treasury, thereby authorizing The Kitchen to use these funds for protocol development. (Source: Foresight News)
PancakeSwap Community Approves Proposal to Reallocate Fees to Optimize Treasury
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Summary
On-chain news from June 22 (UTC+8) shows the PancakeSwap community approved a proposal to reallocate fees from secondary products to the treasury, with 99.57% support. The Kitchen proposed redirecting these funds—excluding AMM v2, v3, and Infinity—to boost protocol development. The move aligns with broader interest rate trends as DeFi projects seek more efficient capital utilization. Foresight News reported the update.
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