PancakeSwap Community Approves Treasury Optimization Proposal with 99.57% Support

Chainthink

Release Time: 06/22/2026 07:44:02

CAKE

$1.31-1.42%

Summary

On June 22, PancakeSwap community members approved a protocol update proposal with 99.57% support. The on-chain announcement outlines a plan to redirect byproduct fee streams to the treasury, excluding AMM v2, AMM v3, and Infinity. The Kitchen submitted the proposal and will oversee fund allocation for protocol development.

ChainThink reports that on June 22, according to an official announcement from PancakeSwap, the PancakeSwap community has voted in favor of the proposal to reallocate byproduct fee flows to optimize the treasury, with 99.57% in support.

The proposal, put forward by The Kitchen, suggests reallocating fees generated by PancakeSwap's side products to the PancakeSwap treasury.

The byproducts referred to in the proposal do not include AMM v2, AMM v3, and Infinity. Upon approval, The Kitchen is authorized to allocate the associated funds toward protocol development.

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