💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
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.