💡Glossary

Tokens related to Cakepie and PancakeSwap

CAKE

PancakeSwap's governance and reward token for liquidity providers. Cakepie allows CAKE holders to earn boosted rewards by converting their CAKE tokens into mCAKE. Users can stake mCAKE on Cakepie to earn high APR %. Cakepie automatically locks all the converted CAKE as veCAKE permanently on PancakeSwap while user earn active participation rewards with their mCAKE.

veCAKE

veCAKE is accrued by locking CAKE on PancakeSwap. It is not transferable and is lost when unlocking CAKE. The higher a user's balance of veCAKE, the more they can boost their yields as liquidity providers on PancakeSwap and more voting power they control.

mCAKE

mCAKE (Magpie CAKE) is minted by converting CAKE on Cakepie at 1:1 ratio. mCAKE can be staked on Cakepie to earn CAKE rewards.

mCAKE SV

The mCAKE Stability Vault distributes more CAKE rewards than the normal mCAKE Staking Pool. Users can lock their mCAKE within the mCAKE SV to earn boosted CAKE, access other potential benefits and support Cakepie in the long term.

CKP

Cakepie's governance token. Users can lock CKP as vlCKP to participate in governance and earn rewards for active user engagement.

vlCKP

Vote-Locked CKP. Locked version of CKP. vlCKP holders control the voting power that Cakepie owns on PancakeSwap. Users can lock their CKP to receive vlCKP at 1:1 ratio. vlCKP holders can earn rewards from the platform and also have governance rights. Vote-Locked CKP holders can participate in the governance of PancakeSwap and Cakepie.