PancakeSwap, the largest decentralized exchange (DEX) on BNB Chain, has officially announced the implementation of CAKE Tokenomics 3.0. This marks a major shift toward a more sustainable and deflationary ecosystem.
TL;DR PancakeSwap will launch Tokenomics 3.0 on April 23 and will remove veCAKE; users will be able to recover their locked tokens until October. Shared rewards and farm boosting will be discontinued; 15% of fees will now go to the CAKE burn mechanism.
PancakeSwap has begun implementing its long-anticipated Tokenomics 3.0 upgrade for the CAKE token. In a blog post published on Apr. 21, the PancakeSwap (CAKE) team confirmed that key changes will go live on Apr. 23, 2025.
PancakeSwap retired veCAKE and Gauges Voting, impacting CAKE stakes and liquidity.
PancakeSwap's cryptocurrency token has been performing well this spring, with its price increasing by more than 31% in the past month.
TL;DR Converge, the upcoming blockchain developed by Ethena and Securitize, is scheduled to launch its mainnet by the end of Q2 2025. It will leverage Arbitrum's scalability technology and Celestia's data availability layer to deliver superior performance with low latency.
Decentralized finance (DeFi) protocol Ethena and tokenization firm Securitize said they will use part of Arbitrum's tech and data availability network Celestia for their real-world asset focused, Ethereum-compatible blockchain, aiming to launch mainnet in the second quarter of this year.
Noble plans to expand its capabilities by launching Applayer. AppLayer is an Ethereum-compatible rollup that will help developers to create RWA applications.
Noble, a blockchain for issuing real-world assets (RWA) and stablecoins, announced Wednesday that it will expand its platform by introducing “AppLayer,” an Ethereum-compatible rollup that allows developers to create their own RWA applications and infrastructure.
Celestia launches MAMO-1 testnet with 128MB blocks and 21.33MB/s throughput Celestia aims for 1GB blocks, but TIA token struggles amid tech progress
Modular blockchain Celestia has launched a new testnet, mamo-1, designed to push the network's scalability to new extremes ahead of future mainnet upgrades. According to an Apr.
The crypto market has registered a marginal increase as most cryptocurrencies, including Bitcoin (BTC), remained steady over the weekend. The crypto market cap currently sits at $2.69 trillion.
The cryptocurrency market rallied sharply on Thursday after President Donald Trump paused tariffs imposed on almost all nations for 90 days, giving the stock and crypto markets a much-needed breather from constant volatility. The crypto market registered substantial gains, with some tokens rallying nearly 50%.
PancakeSwap's new Tokenomics v3 proposal promises “true ownership, simplified governance and sustainable growth.” Central to this shift is the deprecation of veCAKE replaced with direct emissions management and a max one-year lock, aimed at boosting capital efficiency and simplifying participation.
TL;DR Cakepie DAO rejected PancakeSwap's Tokenomics 3.0 proposal, which aims to eliminate veCAKE, staking, and revenue sharing. PancakeSwap plans to reduce daily emissions and shift the model toward deflation. Cakepie warns of a loss of decentralization.
Cakepie DAO strongly opposes PancakeSwap's Tokenomics Proposal 3.0, citing concerns over the retirement of veCAKE and potential governance manipulation, which could undermine long-term commitments and decentralization. The post Cakepie DAO Slams PancakeSwap's Tokenomics 3.0 Proposal, Warns of veCAKE Fallout appeared first on Cryptonews.
PancakeSwap has unveiled its CAKE Tokenomics 3.0 proposal, fueling 12% uptick in the token's price. PancakeSwap (CAKE) has unveiled a new proposal, detailing its vision for CAKE Tokenomics 3.0.
Bitcoin (BTC) and the crypto markets plunged on Monday morning (Asia). The week started with a bloodbath as Donald Trump's tariffs decimated the global stock markets.
Celestia (TIA) has recently experienced a significant drawdown, losing nearly 30% of its value in the past two weeks. This decline has been attributed to the broader bearish market conditions, which caused panic among investors.
The crypto market took a dramatic tumble after President Donald Trump's Liberation Day speech on Wednesday. Markets panicked after President Trump imposed sweeping tariffs on global trading partners.
TL;DR VanEck launched an ETN linked to Celestia, allowing investment in the TIA token without directly managing digital assets. TIA uses a modular model that separates consensus and data, making it easier to create customized blockchains. The product, domiciled in Liechtenstein, has a NAV of $8.28 and manages $27.75 million in assets with a 1.
VanEck is a global investment management firm focused on specialized and often underrepresented asset classes.
Asset management firm VanEck has expanded its cryptocurrency offerings by launching an investment product based on Celestia. Celestia is a modular blockchain designed to scale decentralized applications.
The crypto market dipped into the red over the past 24 hours as cryptocurrencies, including Bitcoin (BTC), registered notable declines. As a result, the crypto market cap dropped to $2.86 trillion.
$979.5M unlocks in a year inflated Celestia's circulation by 101%, but TIA's price showcased resistance so far.
A rumor of a potential KiloEx initial DEX offering on PancakeSwap was debunked after further clarification revealed that the transaction was a gas optimization update, not a new IDO launch.
Binance Wallet and PancakeSwap have joined forces to host the exclusive Token Generation Event (TGE) for KiloEx (KILO).
Traders can look to go long on CAKE, but liquidation heatmap shows a minor price dip was upcoming.
The crypto market has made a strong start to the week, with cryptocurrencies registering substantial increases. As a result, the crypto market cap has jumped almost 3% and currently sits at $2.83 trillion.
PancakeSwap witnessed remarkable growth over the past few sessions, with its trading activity increasing by nearly 60% within the past week. The renewed investor and trader optimism saw CAKE gaining over 17% in the last seven days. The remarkable upside coincided with increased trader activity on PancakeSwap.
The competition among decentralized exchange platforms (DEX) has seen a significant shift. PancakeSwap has surpassed Uniswap in weekly transaction volume, claiming the top spot among decentralized exchanges. In a tweet, CoinMarketCap highlighted this milestone of Pancakeswap, explaining that the platform traded 14 billion dollars in one week with a growth of 58.04%. Pancakeswap thus surpassed Uniswap.
Crypto whales are making big moves on PancakeSwap's CAKE token.
Here's how some of your favorite assets concluded the week.
Per data aggregated from coinmarketcap.com and defillama.com, the decentralized exchange (DEX) platform Pancakeswap has eclipsed Uniswap in seven-day trading volume this week. DEX Volume Wars Analytics unveiled via a Sunday post on X by coinmarketcap.com's social media account reveal that the DEX Pancakeswap secured the top position in this week's trading volume figures.
Crypto prices had a mixed performance last week after the Federal Reserve left interest rates unchanged and the U.S. Securities and Exchange Commission ended its appeal against Ripple Labs.
PancakeSwap has claimed the top position in global decentralized exchange (DEX) rankings, achieving over $14 billion in weekly trading volume. According to CoinMarketCap data, PancakeSwap (CAKE) has seen an impressive 58.04% increase in activity over the past week.
PancakeSwap (CAKE) has experienced a notable recovery recently, surging by 55% over the past week. This sharp rise has reversed the significant losses seen in late February, with the altcoin now trading at $2.68.
In the current market uncertainty, whale interest appears to have shifted to CAKE, the native token of PancakeSwap. Recently, data from the on-chain analytics firm Santiment reported that PancakeSwap leads all assets in whale activity, having skyrocketed over the past week.
PancakeSwap price has led the broader market gains this Saturday, soaring nearly 10% amid renewed market interest. The protocol's trading volume in the past 24 hours topped $2.5 billion, overtaking Uniswap and securing the pole position in terms of trading volume on DEXs.
Bitcoin analysts remained bearish as charts signalled more pain ahead.
This week has seen a resurgence in trading activity in the crypto market. It is reflected by the spike in global crypto market capitalization, which has grown by $101 billion in the past seven days.
PancakeSwap, the biggest decentralized exchange on BSC Chain, has doubled in the last 30 days even as most cryptocurrencies crashed. PancakeSwap (CAKE) jumped to a high of $2.
TL;DR PancakeSwap solidifies its position as the third-highest revenue-generating protocol in the last 24 hours, reaching $4.56 million and surpassing platforms like Uniswap, Jupiter, and Lido. The price of CAKE has surged 45.72% over the past week, driven by the platform's growth and increasing investor interest.
The crypto market today was a bit upbeat as the market reflected on the latest Federal Reserve interest rate decision and the decision by the Securities and Exchange Commission (SEC) to end its Ripple Labs appeal.
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PancakeSwap's CAKE token is the market's top performer today, surging 21% in the past 24 hours. At press time, the altcoin trades at $2.56.
CAKE formed a God candle on March 18, jumping 23% to hit an intraday high of $2.63 while pushing its weekly gains close to 70%. The altcoin's daily trading volume tripled to around $1.
PancakeSwap's CAKE token has surged 37% in the past 24 hours, reaching $2.49, and has seen a 57% increase over the past week.