
PANews reports on April 21 that PancakeSwap officially announced that the CAKE token economics 3.0 is set to be implemented at 0:00 UTC on April 23, and veCAKE and Gauges Voting will be officially "retired".
Starting from 8:00 AM (UTC) on April 23, 2025, all CAKE and veCAKE staking will be unlocked. Users who have directly staked CAKE through the PancakeSwap interface will be able to exchange veCAKE for CAKE at a 1:1 ratio. Users who have directly staked CAKE through the PancakeSwap interface will have 6 months to redeem their staked CAKE and veCAKE, with the deadline being 8:00 AM UTC on October 23, 2025.



