PancakeSwap Unveils veCAKE Launch for Enhanced Governance and Liquidity
PancakeSwap gains over 98% support for introducing veCAKE and voting gauges, enhancing governance, liquidity, and CAKE staker rewards. veCAKE holders, akin to shareholders, can influence CAKE farm emissions and delegate voting rights, potentially earning extra rewards. The phased launch covers BNB Chain, Ethereum, and Arbitrum, reinforcing PancakeSwap's role as a dynamic decentralised exchange.
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