PancakeSwap: CAKE Token Economics 3.0 to be implemented on April 23

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PANews
04-21
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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.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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