Cakepie’s December Wrap-Up

Magpie
Cakepie
Published in
2 min readDec 31, 2023

--

Cakepie’s December Wrap-Up

As the year comes to an end, festooned with holiday cheer, we are excited to conclude December operating on the BNB Chain Mainnet. We extend our gratitude to our community members and partners for their ongoing support and presence. We are committed to enhance the user experience within the PancakeSwap ecosystem to bring DeFi to the masses.

Before launching on Mainnet, Cakepie surpassed all expectations by accumulating over 5 million veCAKE tokens within PancakeSwap, thus becoming the top holder and possessing over 30% of the total veCAKE supply. Thanks to these benefits, Cakepie can provide users with an avenue to maximize their DeFi opportunities cost-effectively. Cakepie uses its veCAKE to boost yields and offer cost-effective voting power. Our fundamental mission is rooted in a strong dedication to creating opportunities, advancing sustainability, and leading the development of revolutionary innovations.

Highlights:

As 2023 concludes, we at Cakepie feel a deep sense of gratitude and excitement. Our significant leap onto the BNB Chain Mainnet underscores our dedication to the PancakeSwap ecosystem and the wider decentralized finance realm. This year’s highlights, including becoming the top holder of veCAKE tokens and fostering dynamic alliances, were fueled by the support of our community and partners. Looking ahead to 2024, our commitment to pioneering innovative solutions and enhancing user experiences in sustainable DeFi remains resolute and dynamic. We extend our warmest holiday greetings and wish you all a prosperous New Year, eagerly anticipating further strides in DeFi innovation together.

About Cakepie: Cakepie is a state-of-the-art SubDAO created by Magpie to bolster the long-term sustainability of PancakeSwap. As a yield and veTokenomics service provider, Cakepie’s core mechanism involves locking CAKE tokens as veCAKE. This process allows Cakepie to secure enhanced yields and amplified governance power within PancakeSwap, serving up prime opportunities for DeFi users.

Twitter / Medium /Discord / Telegram / Website / Docs

--

--