Cakepie boosts CAKE staking and PancakeSwap liquidity by locking CAKE as veCAKE for enhanced yields and governance.
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Cakepie, a veCAKE manager, increases rewards for CAKE stakers and PancakeSwap liquidity providers. Created by Magpie, it aims to improve PancakeSwap's long-term sustainability. By locking CAKE to obtain veCAKE, Cakepie enhances yields and governance influence in PancakeSwap, benefiting DeFi users and decreasing CAKE's circulating supply.
As of now, Cakepie is trading at 0.4797 USD, with a 24-hour trading volume of approximately 26.16K USD. The CKP to USD price is updated in real time. Over the past 24 hours, Cakepie has decreased by 0.27%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 1.89M USD. Currently, there are 3 938 143 CKP in circulation out of a maximum supply of 10 000 000 CKP.
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