PancakeSwap to Retire Several Position Managers by June 21

PancakeSwap has announced the upcoming retirement of five Position Managers: Bril, Defiedge, Teahouse, Range, and Alpaca. Users are advised to withdraw their positions by 08:00 UTC on June 21 to avoid being placed in non-actively managed wide-range positions.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.