🎟️Benefits

The Cakepie Voting Market supports the PancakeSwap Ecoystem as a whole

1. For Protocols:

Protocols with their liquidity hosted on PancakeSwap can offer voting incentives to obtain a larger share of CAKE token emission by gaining voting support from vlCKP holders. This can lead to an increase in the Total Value Locked within their pools. The greater the number of votes a pool receives, the higher the $CAKE rewards it accrues.

2. For Liquidity Providers:

PancakeSwap depositors have the opportunity to potentially earn an increased APR% on their liquidity contributions by using Cakepie without having to lock any CAKE as veCAKE. This is due to the yield-enhancing capabilities of Cakepie’s veCAKE and the allocation of votes by vlCKP voters through the Cakepie Voting Market.

3. For Governance Voters on PancakeSwap:

PancakeSwap voters can acquire cost-effective governance power through the CKP token from Cakepie. By locking CKP as vlCKP, users can monetize their voting power within PancakeSwap. By leveraging the voting power of the veCAKE accumulated by Cakepie, vlCKP holders can command more voting power. Consequently, they earn more rewards by locking up CKP rather than veCAKE, with the same amount of investment and a shorter lock-up period.

veCAKE holders from PancakeSwap can also earn incentives provided by ecosystem partners through the veCAKE Voting Market on Cakepie.