A live PancakeSwap governance vote showed 97.81% of recorded voting weight against a fee proposal on Oct. 22, with one address accounting for more than three-quarters of the opposition.
At 11:01 a.m. ET (15:01 UTC), PancakeSwap’s governance page showed 993,662.88 voting weight against and 22,201.52 in favor. The page listed 18 votes. The against total represented 97.81% of recorded weight, compared with 2.19% supporting the proposal. The governance snapshot showed 765,559.415 opposing votes from that address, equal to 77.04% of the opposition.
Under the proposal, liquidity providers would receive 88% of fees from v3 and Infinity pools, while the v2 allocation would remain at 68%. It also includes successive reductions in daily issuance of PancakeSwap token (CAKE), from 22,500 to 7,000.
The tally is a snapshot while voting remains open. The vote is scheduled to close Oct. 24.
