Cakepie is a convex layer built atop PancakeSwap (PCS) that aggregates veCAKE, strategically leveraging its voting escrowed tokens to maximize yields. By integrating advanced convex strategies, Cakepie enhances liquidity provider rewards and optimizes performance, creating a robust yield-boosting eco on PCS.
Token Circulation Status
Liquidity Mining-29.9%: TGE unlock 5%, no cliff, vesting 48 months
Strategic Investor Allocation Reserve-20%: No TGE, vesting 24 months
Magpie Treasury-15%: No TGE, vesting 24 months
Magpie Launchpad-13%: TGE unlock 30%, vesting12 months
Ecosystem-12%: No TGE, vesting 24 months
Protocol Owned Liquidity-5%: TGE unlock 100%, and will be 100% seeded on PancakeSwap for 48 months
Airdrop-3%: TGE unlock 30%, vesting 12 months
PancakeSwap cIFO-2%: After 1 6-day cliff from cIFO Sale, 5% will be unlocked at TGE, followed by block-by-block linear vesting over 120 days
Pancakeswap Syrup Pool- 0.1%: No TGE, vesting 6 months
Project Highlights
The platform is the largest veCAKE aggregator, owning more than 50% of veCAKE. With approximately $30M TVL, it demonstrates robust investor confidence. Additionally, it distributes real yield to CKP holders, ensuring sustainable returns and long-term value for its community.
Token Economics
CKP tokens empower holders to shape both PancakeSwap and Cakepie governance. They determine CAKE emission allocations across various liquidity pools on PancakeSwap and earn rewards for participating in governance, fostering an engaged and incentivized community that drives strategic decisions and platform growth.