### **Proposal Overview**

This proposal seeks the community's approval to adjust our current strategy regarding the use of CAKE tokens earned through staking. The proposal suggests retaining these earnings for future strategic purposes instead of the existing practice of selling them weekly to fund the BasketCoin Buyback and Burn program.

### **Current Strategy**

- **Weekly Sales:** Currently, CAKE tokens earned from staking are sold weekly.
- **Use of Proceeds:** The proceeds from these sales are allocated to the BasketCoin Buyback and Burn program.

### **Proposed Strategy Change**

- **Retention of CAKE Earnings:** Instead of selling, we propose to keep the CAKE tokens earned from staking for later use.
- **Strategic Reserve:** The retained CAKE tokens will serve as a strategic reserve to support future initiatives, which could include but are not limited to liquidity provision, further staking, or other investment opportunities that may arise.

### **Objectives of the Proposed Change**

- **Flexibility:** To provide the community and the management team with greater flexibility in utilizing assets to adapt to changing market conditions or to seize new opportunities.
- **Potential for Appreciation:** To capitalize on the potential appreciation of CAKE tokens, thereby possibly enhancing the overall value of our asset portfolio.
- **Strategic Reinvestment:** To explore reinvestment opportunities within the PancakeSwap ecosystem or other DeFi platforms that could offer higher returns or strategic advantages.

### **Voting Options**

- **For:** Agree with the proposal to retain CAKE earnings from staking for future use, adjusting the current strategy away from weekly sales for buyback and burn.
- **Against:** Prefer to continue with the current strategy of selling CAKE earnings weekly to fund the BasketCoin Buyback and Burn program.
- **Abstain:** Neutral stance, indicating either indecision or contentment with the majority decision.

### **Expected Impact**

- **Increased Asset Holdings:** By retaining CAKE, we anticipate an increase in our cryptocurrency holdings, potentially leading to greater long-term value.
- **Strategic Benefits:** The flexibility to deploy CAKE tokens for strategic initiatives could provide enhanced returns and contribute to the robustness of our portfolio.


**Duration:** 24 hrs  
**Quorum:** 10% of total supply  
**Rule:** Majority voting model

Strategy adjustment for retaining CAKE earnings from staking

Cast your vote