After a thorough review of the proposal and engaging in constructive discussions with the @PancakeSwap team and @Headchef_pcs, Stake DAO Association, through its delegation, has decided to support the proposal. The communication with the PancakeSwap team throughout this process has been appreciated. While alternative models were discussed to further refine the $veCAKE system, the Kitchen’s proposal is supported by comprehensive data and demonstrates a clear alignment with the long-term interests of $CAKE holders. Stake DAO has substantial experience with vetokenomics and liquid lockers, having integrated 13 projects to date and recognizes that PancakeSwap is not the first protocol to move beyond the veTKN model. Based on experience, supporting the core development team’s vision is generally the best option to fuel long term growth and positive momentum. At Stake DAO, the main priority is always to protect users first. With this in mind, $sdCAKE holders are positioned to benefit more from a smooth transition to the new tokenomics, minimizing disruption and maintaining the ability to redeem sdCAKE for CAKE at a 1:1 ratio. For SDT holders, building a strong and collaborative relationship with PancakeSwap is the best path forward. This proposal is a key step toward supporting the broader goals of CAKE in the long run.