The governance and yield enhancement platform Butter Finance announced that it will no longer be launched

ChainCatcher news, the main decentralized meta-governance and yield enhancement platform of the veCAKE model, Butter Finance, announced on platform X that Butter will no longer be launched. Contributors found that the proposed veCAKE system and incentive model are not feasible for the future development of Butter.

Previously, it was reported that PancakeSwap was about to launch Butter Finance, the main decentralized governance and yield enhancement platform of the veCAKE model.