New proposal on PancakeSwap governance forum: LP revenue share proposed to rise to 88%, CAKE token emissions to be cut by around 69%

PancakeSwap’s team The Kitchen recently released the "The Flip" proposal on the governance forum, proposing to raise liquidity provider (LP) fee splits for v3 and Infinity across all 11 supported chains to 88%, with the protocol retaining 12% for the Treasury; v2 remains unchanged due to hard-coded fees. The proposal states that based on 2025 trading volume, LPs could earn an additional ~$62 million in fees. Higher splits may attract more liquidity, reducing transaction price impact. Trader fee tiers will stay unchanged; existing Infinity pools will see lower total swap fees due to reduced protocol fees. For CAKE, post-veCAKE emissions are proposed to be cut by ~69% from 22,500 tokens daily to 7,000 daily, with the remaining 7,000 tokens allocated to the ecosystem growth fund Pantry. The Kitchen noted that CAKE’s supply has decreased by 11.5% since Tokenomics 3.0 was passed, with v2 alone sustaining net deflation, and the protocol is on track to meet its 2030 20% supply reduction target ahead of schedule. If approved, implementation will start in November 2026, expected to wrap up by the end of January 2027, rolled out gradually per chain. The final plan will be submitted for a Snapshot vote after incorporating community feedback.