PancakeSwap (CAKE) - veCAKE Revenue Share - 16 Jan 2025
The veCAKE revenue share event happening on January 16, 2025, could influence the price of CAKE. Users who lock or migrate CAKE by January 8 will receive rewards, which could create demand for CAKE. More CAKE holders engaging with the platform could decrease the circulating supply, positively impacting price. This event can entice investors by offering passive income opportunities. The effectiveness of this scheme to affect the price depends on participant turnout and distribution success. To find more details, visit PancakeSwap’s announcement here.3/3 Revenue distributions injected! 11,165 CAKE shared with locked staking participants. Visit the veCAKE staking page to claim your rewards: New veCAKE is live. Claim weekly rewards & revenue shares! Lock or migrate CAKE before January 8, 2025,…