๐คCakepie Maximizing Benefits
Understanding Cakepie
What is Cakepie?
Cakepie is a Yield & veTokenomics service provider designed by Magpie to support the long-term development of PancakeSwap. Cakepie streamlines the way users can maximize active participation rewards with their assets and monetize their governance power on PancakeSwap.
How does Cakepie supports PancakeSwap?
PancakeSwap requires users to lock their CAKE tokens as veCAKE in order to participate in the protocol's governance and receive increased rewards as liquidity providers on the platform. Cakepie aims to lock as many CAKE tokens as possible to maximize the benefits of veCAKE on PancakeSwap and then offer these benefits back to users in a more flexible way.
๐น Boosted Rewards for CAKE holders
๐น Boosted CAKE Rewards for Liquidity providers
๐น Cost-Effective Voting Power & active user engagement rewards for PancakeSwap voters (Real Yield)
๐น Decreasing CAKE circulating supply
Last updated