PancakeSwap Kicks Off CAKE Tokenomics 3.0 Upgrade - Here's the Scoop!

The Big Shake-Up Starts Now

PancakeSwap isn't messing around! They've just kicked off the rollout of CAKE Tokenomics 3.0. Brace yourselves, folks, because this is happening!

On Apr. 21, the CAKE crew dropped a bombshell blog post, announcing that the major changes are set to go live on Apr. 23, 2025. Get ready to say goodbye to staking and governance through veCAKE as part of this massive overhaul. But don't panic - you've got six months to redeem your tokens at a sweet 1:1 ratio after all locked CAKE and veCAKE positions unlock.

🥞CAKE Tokenomics 3.0 is officially underway, and you better know the deets! Here's what's changing and when it's happening:

Key Milestones:
🔹Sayonara to CAKE Staking, veCAKE, Gauges Voting, Revenue Sharing, and Farm Boosting
🔹Voting results from Epoch 37 will...

New Model, New Rules

Hold onto your pancakes, because PancakeSwap is flipping the script with Tokenomics 3.0! They're switching to a buy-and-burn revenue-sharing model and slamming a hard cap of 450 million CAKE. No more emissions from yield farms, baby! These changes are all about stomping out token inflation, fueling sustainable growth, and showering love on loyal users.

The transition is happening in two epic stages. Daily emissions are dropping from 29,000 CAKE to 20,000 CAKE, and finally to 14,500 CAKE. That's right, an estimated 5.3 million CAKE will be permanently torched every year thanks to this reduction!

Not Everyone's Flipping for the Changes

But wait, not everyone's doing backflips over this redesign. Cakepie DAO, a protocol built on the veCAKE model and one of the biggest CAKE holders, is throwing shade. They're claiming the vote that greenlit these changes was fishy and they're pissed about losing decentralized governance features.

Governance, Decentralization & the veCAKE Paradigm

To the PancakeSwap team — especially those cooking up the Tokenomics 3.0 proposal:

This isn't just a reaction. It's a wake-up call.
DeFi isn't a destination — it's a damn discipline.

And governance isn't a burden — it's the...

Cakepie DAO isn't just complaining, though. They've got their own recipe for fixing things, suggesting rewards for high-performing pools and penalties for early exits. In response, PancakeSwap is dishing out up to $1.5 million worth of CAKE to compensate Cakepie users, but only if the Cakepie DAO agrees to a 1:1 redemption deal for mCAKE holders.

CAKE's Market Performance: Flipping the Script

Despite the drama, CAKE is showing signs of life! The token is currently trading at $2.01, up 0.7% in the last 24 hours, with daily volume skyrocketing 36% to $78.6 million. PancakeSwap's 24-hour DEX volume also flipped Uniswap's $896 million, hitting a whopping $1.03 billion, according to DeFiLlama data. Weekly trading volume? Up 5%, while Uniswap's tanked 39%.

Technical Analysis: CAKE's on the Rise

On the tech side, CAKE is staging a comeback from a multi-week low of $1.60. The price is inching towards the Bollinger Band midline, while the relative strength index has climbed to 53.95, busting through the neutral threshold and screaming bullish momentum. Keep your eyes peeled - a confirmed breakout above $2.05 could send this token soaring towards the next key resistance at $2.50!