PancakeSwap Announces Changes to CAKE Token Economics

According to PANews, PancakeSwap has announced the implementation of CAKE Token Economics 3.0, set to begin on April 23, 2025, at 00:00 UTC. The veCAKE and Gauges Voting systems will be officially retired. Starting from April 23, 2025, at 08:00 UTC+8, all CAKE and veCAKE stakes will be unlocked. Users who have staked CAKE directly through the PancakeSwap interface will be able to convert veCAKE to CAKE at a 1:1 ratio. These users will have a six-month period to redeem their staked CAKE and veCAKE, with the deadline set for October 23, 2025, at 08:00 UTC.