18 Jul 2025, 05:10 UTC142 views2 reactionsread 9 August 2026 Cakepie Compensation Claim Is Now Live
The Cakepie compensation process is now live following CIP #16 approval. After PancakeSwap’s retirement of veCAKE, which rendered vlCKP and CKP tokens non-functional, this plan provides compensation to affected users:
▫️$1.5 million in stablecoins
▫️74 BNB and 52,456 CAKE - all converted to USDT.
▫️An extra bonus pool funded by Magpie DAO’s donated share, weighted by each user…
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30 May 2025, 19:54 UTC337 views3 reactionsread 9 August 2026 Photo
CIP #16 has been approved. The compensation process will begin once all preparations are finalized.✅
A dedicated interface is under development to support secure and efficient distribution.🖥️
Further details will be shared as soon as they become available via official channels.📢
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25 May 2025, 02:33 UTC322 views2 reactionsread 9 August 2026 Photo
We’ve consolidated community feedback and are officially addressing the questions surrounding CIP#16.📝
Key topics such as distribution, calculations, and the snapshot are covered in this FAQ.❓
Find all the answers here:⤵️
https://blog.cakepiexyz.io/ckp-compensation-plan-faq-dbe7731c74e5
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23 May 2025, 03:09 UTC280 views2 reactionsread 9 August 2026 Photo
📢 CIP #16 is live!
Help define the $1.5M Release Payment distribution and propose Magpie waive 50% of its share to support vlCKP holders most impacted by PancakeSwap’s governance changes.
🗳️ Vote now:
https://snapshot.box/#/s:cakepiexyz.eth/proposal/0x97937f2b411e645e12b72b3a5a389754eaaf680cd727194e93318362d763db52
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17 May 2025, 06:05 UTC277 views2 reactionsread 9 August 2026 Photo
CIP #15 has been implemented.
The unlock time for vlCKP has now been reduced to 1 second.
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15 May 2025, 16:50 UTC315 views2 reactionsread 9 August 2026 Photo
📢 CIP #15 is live!
Cakepie proposes removing the lock duration for vlCKP, allowing users to unlock their tokens immediately. This change follows PancakeSwap’s decision to sunset veCAKE.
🗳️ Vote now:
https://snapshot.box/#/s:magpiexyz.eth/proposal/0x4c5e01d426d88688e9ee45797f4d5fa73873c2086507a70a844519f6aee1a143
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23 Apr 2025, 12:34 UTC484 viewsread 9 August 2026 Photo
mCAKE redemption is officially open on Cakepiexyz_io.
Holders can seamlessly redeem their $mCAKE for $CAKE at a 1:1 ratio through the “Stake” section of the dApp.
Access the platform and redeem your tokens today:⤵️
pancake.magpiexyz.io/stake
19 Apr 2025, 19:20 UTC328 views3 reactionsread 9 August 2026 Photo
CIP #14 is live 📢
With veCAKE unlocked under Tokenomics 3.0, Cakepie is seeking consensus on how to handle mCAKE to CAKE redemptions and whether to accept PancakeSwap compensation offer for CKP holders.
🗳️ Cast your vote: https://snapshot.box/#/s:cakepiexyz.eth/proposal/0x92e5070c5d80c47f8cad206225edfb1948ccc2e857a26af18b9fe5e8d96a9b56
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16 Apr 2025, 00:29 UTC306 viewsread 9 August 2026 Photo
📢 CIP #13 is live!
PancakeSwap’s proposed Tokenomics 3.0 would end veCAKE, unlock all staked CAKE, remove staking revenue, centralize control and cut emissions.
Should Cakepie support this proposal?
🗳️ Vote now: https://snapshot.box/#/s:cakepiexyz.eth/proposal/0x474ff12f06ebb7c688dd0de2b3bee87debfb9e76702ab481d21ec53c57e62d32
15 Apr 2025, 17:16 UTC263 views1 reactionsread 9 August 2026 PancakeSwap decided to move forward with the Tokenomics 3.0 proposal vote in its initial form.
In parallel, we entered discussions to ensure consideration for Cakepiexyz_io users. As part of these conversations, PancakeSwap indicated openness to allocating up to $1.5 million in compensation for CKP holders if the Cakepie DAO enables mCAKE holders to redeem CAKE on a 1:1 basis.
The final redemption process will be s…
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12 Apr 2025, 17:54 UTC363 views10 reactionsread 9 August 2026 Photo
Governance, Decentralization & the veCAKE Paradigm
To the PancakeSwap team — particularly to those shaping the Tokenomics 3.0 proposal:
This is not a reaction. This is a reminder.
DeFi is not a destination — it is a discipline.
And governance is not a burden — it is the blueprint.
Across the last decade, we’ve watched centralized systems implode under the weight of opacity, misaligned incentives, and unilateral co…
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12 Apr 2025, 03:23 UTC249 views4 reactionsread 9 August 2026 Photo
Is PancakeSwap's Tokenomics 3.0 a real evolution? It’s actually dismantling incentives and governance power for long-term holders without proposing a new, clear governance structure.
Is PCS’s proposal really about $CAKE deflationary growth? It’s actually about removing governance from the community so they can retain control and censorship.
The PancakeSwap proposal ignores all the effort and cost that long-term veC…
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