PancakeSwap launches new CAKE release governance system Gauges Voting and veCAKE
PancakeSwap announced the launch of a new CAKE release governance system, Gauges Voting and veCAKE. Among them, the Gauges Voting voting system allows veCAKE holders to influence the allocation of CAKE releases when launching mining products on BNB Chain, Ethereum, and Arbitrum. PancakeSwap's DAO governance is currently driven by veCAKE, which is a new voting custody (ve) system independent of vCAKE. The veCAKE token allows voting on governance proposals for PancakeSwap and determines CAKE release allocation through Gauges Voting.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Crypto Loan Carnival round 24: Borrow USDT, USDC to enjoy an APR discount of up to 40%
New spot margin trading pair — JTO/USDT!
Announcement on Sonic(S)tokenomics changes
CandyBomb x WLFI: Trade futures to share 200,000 WLFI!
Trending news
MoreCrypto prices
More








