📔Governance

Note

As part of the Tokenomics 3.0 upgrade, this page has been updated on 15th May 2025

Voting gives a voice to the PancakeSwap community, letting the community have a say in how PancakeSwap develops into the future.

Check out PancakeSwap’s native voting portal and our Forum page.

Voting Mechanics

:notebook_with_decorative_cover:Summary - What Changed (after Tokenomics 3.0 Update)

Governance Component	Before Tokenomics 3.0	After Tokenomics 3.0	Status
Voting Power	1 veCAKE = 1 voting power	1 CAKE = 1 voting power	✅ Changed
Delegation	Allowed (via veCAKE mechanics)	Delegation is not allowed	✅ Changed
Proposal Submission Threshold	Snapshot 100K veCAKE required	Snapshot 100K CAKE required	✅ Changed
Core vs Community Proposals	Defined roles and purposes for each proposal type	No change	🔁 Unchanged
Voting Period	Community: Fixed Core: Variable	No change	🔁 Unchanged
Snapshot Timing	At proposal posted block	No change	🔁 Unchanged
Quorum	No minimum quorum	No change	🔁 Unchanged

1. Voting Power (Changed)

• All CAKE holders have direct voting rights.
• Voting power directly corresponds to the number of CAKE held in wallet address during snapshot
  • 1 CAKE = 1 voting power
  • CAKE staked in Syrup Pools does not count toward your voting power, as it is not part of your wallet balance at the time of the snapshot
  • Snapshot balance = Same block proposal posted
• Delegation is no longer supported. Every CAKE holder must vote individually.

2. Proposal Submission (Unchanged)

• How to Submit a Proposal
  • Submit on https://pancakeswap.finance/voting/proposal/create
  • Must include:
    • Title
    • Content
    • Description
    • On-chain action(s) (if needed)
    • Voting Duration
• Types of Proposals

  1. Core Proposals

     • Can only be proposed by the PancakeSwap Core Team.
     • Require a vote by CAKE holders.
     • If passed, will be implemented by the PancakeSwap team.

     Examples

     1. Protocol adjustments (product changes, fee changes)
     2. Significant uses of Ecosystem Growth funds not covered by previous proposals

  2. Community Proposals

     • Community proposals are posted by the PancakeSwap community. These are used to propose ideas and express the community’s point of view. These are non-binding suggestions from the community.
     • Anyone with 100,000 CAKE (snapshot balance) can submit.
     • The PancakeSwap team may adopt strong proposals into future Core Proposals
     • Community members may also utilize our Forum to provide feedback and make suggestions to the protocol.

3. Voting Duration (Unchanged)

• All CAKE holders can vote during the voting window for each proposal.
  • Community proposal: Fixed at 3 days
  • Core Proposal: Variable, set by PancakeSwap
• Your voting power is determined by a snapshot of your CAKE balance at the block when the proposal is posted.
• Adding more CAKE after the proposal is posted will not increase your voting power for that specific vote.

For full details, see the Voting Guide.

4. Voting Outcome (Unchanged)

• The outcome is based on total votes cast (total CAKE used for voting)
• There is currently no minimum quorum required for a proposal to pass.

Note: Veto Rights

To protect the protocol, the PancakeSwap Core Team reserves the right to intervene in critical situations—such as security threats or issues affecting the stable operation of the platform—without requiring a community vote or Snapshot poll.

In any case where a veto action is taken, the Core Team will publicly share a clear explanation of the decision.

Possible veto actions may include:

1. Temporarily pausing smart contracts to fix urgent bugs or vulnerabilities.