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PancakeSwap's new Tokenomics v3 proposal promises “true ownership, simplified governance and sustainable growth.” Central to this shift is the deprecation of veCAKE replaced with direct emissions management and a max one-year lock, aimed at boosting capital efficiency and simplifying participation.
TL;DR Cakepie DAO rejected PancakeSwap's Tokenomics 3.0 proposal, which aims to eliminate veCAKE, staking, and revenue sharing. PancakeSwap plans to reduce daily emissions and shift the model toward deflation. Cakepie warns of a loss of decentralization.
Cakepie DAO strongly opposes PancakeSwap's Tokenomics Proposal 3.0, citing concerns over the retirement of veCAKE and potential governance manipulation, which could undermine long-term commitments and decentralization. The post Cakepie DAO Slams PancakeSwap's Tokenomics 3.0 Proposal, Warns of veCAKE Fallout appeared first on Cryptonews.
PancakeSwap has unveiled its CAKE Tokenomics 3.0 proposal, fueling 12% uptick in the token's price. PancakeSwap (CAKE) has unveiled a new proposal, detailing its vision for CAKE Tokenomics 3.0.
A rumor of a potential KiloEx initial DEX offering on PancakeSwap was debunked after further clarification revealed that the transaction was a gas optimization update, not a new IDO launch.
Binance Wallet and PancakeSwap have joined forces to host the exclusive Token Generation Event (TGE) for KiloEx (KILO).
Traders can look to go long on CAKE, but liquidation heatmap shows a minor price dip was upcoming.
PancakeSwap witnessed remarkable growth over the past few sessions, with its trading activity increasing by nearly 60% within the past week. The renewed investor and trader optimism saw CAKE gaining over 17% in the last seven days. The remarkable upside coincided with increased trader activity on PancakeSwap.
The competition among decentralized exchange platforms (DEX) has seen a significant shift. PancakeSwap has surpassed Uniswap in weekly transaction volume, claiming the top spot among decentralized exchanges. In a tweet, CoinMarketCap highlighted this milestone of Pancakeswap, explaining that the platform traded 14 billion dollars in one week with a growth of 58.04%. Pancakeswap thus surpassed Uniswap.
Crypto whales are making big moves on PancakeSwap's CAKE token.
Here's how some of your favorite assets concluded the week.
Per data aggregated from coinmarketcap.com and defillama.com, the decentralized exchange (DEX) platform Pancakeswap has eclipsed Uniswap in seven-day trading volume this week. DEX Volume Wars Analytics unveiled via a Sunday post on X by coinmarketcap.com's social media account reveal that the DEX Pancakeswap secured the top position in this week's trading volume figures.
Crypto prices had a mixed performance last week after the Federal Reserve left interest rates unchanged and the U.S. Securities and Exchange Commission ended its appeal against Ripple Labs.
PancakeSwap has claimed the top position in global decentralized exchange (DEX) rankings, achieving over $14 billion in weekly trading volume. According to CoinMarketCap data, PancakeSwap (CAKE) has seen an impressive 58.04% increase in activity over the past week.
PancakeSwap (CAKE) has experienced a notable recovery recently, surging by 55% over the past week. This sharp rise has reversed the significant losses seen in late February, with the altcoin now trading at $2.68.
In the current market uncertainty, whale interest appears to have shifted to CAKE, the native token of PancakeSwap. Recently, data from the on-chain analytics firm Santiment reported that PancakeSwap leads all assets in whale activity, having skyrocketed over the past week.
PancakeSwap price has led the broader market gains this Saturday, soaring nearly 10% amid renewed market interest. The protocol's trading volume in the past 24 hours topped $2.5 billion, overtaking Uniswap and securing the pole position in terms of trading volume on DEXs.
Bitcoin analysts remained bearish as charts signalled more pain ahead.
This week has seen a resurgence in trading activity in the crypto market. It is reflected by the spike in global crypto market capitalization, which has grown by $101 billion in the past seven days.
PancakeSwap, the biggest decentralized exchange on BSC Chain, has doubled in the last 30 days even as most cryptocurrencies crashed. PancakeSwap (CAKE) jumped to a high of $2.
TL;DR PancakeSwap solidifies its position as the third-highest revenue-generating protocol in the last 24 hours, reaching $4.56 million and surpassing platforms like Uniswap, Jupiter, and Lido. The price of CAKE has surged 45.72% over the past week, driven by the platform's growth and increasing investor interest.
The crypto market today was a bit upbeat as the market reflected on the latest Federal Reserve interest rate decision and the decision by the Securities and Exchange Commission (SEC) to end its Ripple Labs appeal.
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PancakeSwap's CAKE token is the market's top performer today, surging 21% in the past 24 hours. At press time, the altcoin trades at $2.56.
