PancakeSwap, one of many widespread decentralized exchanges, made a brand new announcement.
At this level, within the inventory change assertion asserting the ten% Transaction Payment Low cost for CAKE traders, he mentioned:
“Thrilling information for CAKE Stakers!
We’re launching our first transaction rewards program designed particularly for many who personal veCAKE.
This particular supply permits anybody with over 100 veCAKEs to obtain a ten% low cost on transaction charges. In case you spend 100 CAKE on transaction charges, you’ll get 10 CAKE again!
To be part of this system, you should have not less than 100 veCAKEs by the tip of the marketing campaign.
The extra CAKE you stake and proceed to stake, the extra veCAKE you’ll get.”
After the announcement, CAKE worth began to rise.
*This isn’t funding recommendation.
