PancakeSwap announces that CAKE tokenomics 3.0 will be implemented on April 23

ChainCatcher news, according to official news from PancakeSwap, the CAKE tokenomics 3.0 is set to be implemented at 8 AM Beijing time on April 23. veCAKE and Gauges Voting will officially exit the market. All CAKE and veCAKE staking will be unlocked, and users who have directly staked CAKE through the PancakeSwap interface will be able to exchange veCAKE for CAKE at a 1:1 ratio. Users who have directly staked CAKE through the PancakeSwap interface will have 6 months to redeem their staked CAKE and veCAKE.