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- 🍁 Golden Autumn, Big Prizes Await!
Gate Square Growth Points Lucky Draw Carnival Round 1️⃣ 3️⃣ Is Now Live!
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Post original content on Gate Square related to 0G or the ongoing campaigns (Earn, CandyDrop, or Contract Trading Competition) for a chance to share 200 USDT rewards!
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🗓️ Deadline: October 8, 2025, 24:00 (UTC+8) - 🥊 You’ve entered the Trading PK Arena, matching your opponent now...
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Gate’s brand-new Indicators Radar feature is live! Here you can:
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Cakepie, the largest veCAKE holder on PancakeSwap, opposes the proposal to remove veCAKE
According to the Gate.io News bot, Wu said that Cakepie, the largest veCAKE holder on PancakeSwap, questioned the proposal to remove veCAKE in the new tokenomics.
Cakepie noted that the removal of veCAKE would cause serious damage to projects that Cakepie and PancakeSwap have been working on for a long time. These include: impaired trust, loss of voting incentives, reduced attractiveness of new protocols, loss of income for CAKE holders, token selling pressure and increased volatility, decentralized governance erosion, and the risk of unsustainable burn models.
Cakepie also disclosed that prior to the announcement of this proposal, approximately 25 million CAKE were suddenly locked in multiple wallets, and Cakepie determined this to be an organized governance attack.