Read this article on bsc.news PancakeSwap has started rolling out its "The Flip" fee overhaul, with @RobinhoodCrypto Chain the first network to switch. Liquidity providers (LPs) in every v3 a
PancakeSwap has started rolling out its "The Flip" fee overhaul, with @RobinhoodCrypto Chain the first network to switch. Liquidity providers (LPs) in every v3 and Infinity pool on the chain now keep 88% of swap fees, with the remaining 12% going to the treasury. @PancakeSwap said the change is applied automatically.
The rollout follows a governance vote in which holders backed the plan with about 71% of the vote. The result marks a reversal from the run-up to the ballot: with voting due to close, 98.14% of votes cast were against the proposal at the time of writing, according to Altcoin Buzz. A single address had cast roughly 766,000 opposition votes, nearly 60% of total participation, Phemex reported.
The proposal comes from the Kitchen, PancakeSwap's core team. Providers on most pools previously received 66% to 68% of fees, according to TokenPost. The proposal leaves v2 pools unchanged, and their fees continue to send 23% of swap fees to CAKE burns.
On the supply side, daily $CAKE emissions are set to fall from 22,500 to 11,000 during the first phase. That initial phase reduces emissions to 11,000 CAKE daily as chains adopt the new fee structure over approximately three months, FinanceFeeds reported.
The schedule is staggered. One blockchain is switched over per week until all eleven are done after roughly three months, according to Cryptoticker. The 11 chains are BNB Chain, Ethereum, Arbitrum, Base, Solana, Robinhood, Monad, Arc, zkSync, Linea and opBNB.
BNB Chain moves last. Its switch is tied to a supply target: a revised version released October 19 delayed full implementation until CAKE meets its 20% supply reduction target, about 12 months out, Phemex reported. Once that is reached, emissions drop to 7,000 a day. Those 7,000 CAKE per day would go to the Pantry, an ecosystem fund for marketing, partnerships and seeding liquidity in new pools, according to TokenPost.
The Kitchen argues the change will attract more liquidity. At 2025 trading volume, the new split would have meant about $62 million more in fees for v3 and Infinity liquidity providers, TokenPost reported. That figure is an estimate. It assumes 2025 trading volume repeats, and liquidity gains depend on LPs actually adding capital, according to Blockchain Reporter.
Analysts have also flagged the cost to token holders. A 69% reduction in emissions does not automatically translate into an equivalent improvement in CAKE's net deflation rate, FinanceFeeds noted, and investors will need to compare actual issuance against fee-funded burns once the change is in place.
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