PancakeSwap to Distribute VeCAKE Revenue Share on January 16th

This week, PancakeSwap rolled out several updates targeting veCAKE holders:— Farm Booster Activated on Base: veCAKE holders can now boost farming rewards on Base PancakeSwap by enabling bCAKE. The multiplier for the boost depends on the veCAKE balance.— Voting on New Gauges Contract: Holders are reminded to participate in voting for the new Gauges contract, which is mandatory for ensuring CAKE emission counts. Voting must be completed as part of Epoch 28.— Revenue Distribution: 11,165 CAKE was distributed to participants with locked staking. The new veCAKE system is live, offering weekly rewards and revenue shares. Users are encouraged to lock or migrate CAKE before January 8 to claim rewards on January 16. Refer to the official tweet by CAKE: 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,…CAKE InfoPancakeSwap is a decentralized exchange (DEX) built on the Binance Smart Chain (BSC). It uses an automated market maker (AMM) model, which allows users to trade directly with a liquidity pool. These pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return. Users can also earn rewards by providing liquidity or staking LP tokens. The native utility token of PancakeSwap is CAKE, which can be used for staking to earn rewards, participating in lotteries, and voting in governance decisions.