# Boosted Rewards for CAKE Holders

## Boosted Rewards for CAKE holders <a href="#boosted-rewards-for-pendle-holders" id="boosted-rewards-for-pendle-holders"></a>

Cakepie offers CAKE holders the opportunity to earn boosted active paticipation rewards by converting their tokens into mCAKE. When users convert their CAKE tokens into mCAKE on Cakepie, the platform automatically locks all the converted CAKE as veCAKE on PancakeSwap while it gives users mCAKE tokens that allows them to earn boosted APR. This mechanism allows Cakepie to own governance power on PancakeSwap and get yield-boosting benefits thanks to its veCAKE holdings. Users can swap mCAKE back to CAKE on the secondary market.

## mCAKE Rewards: <a href="#mpendle-rewards" id="mpendle-rewards"></a>

* CAKE
* CKP


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