PancakeSwap Options Retiring March 11
PancakeSwap Options Retiring March 11
🥞 Last Call for Options Users
Key Updates for PancakeSwap Users:
- PancakeSwap Options service will retire on March 11, 2025 (08:00 UTC)
- Users must withdraw liquidity or migrate to V3 pools before deadline
- 15,169 CAKE distributed to revenue-sharing pool participants
veCAKE Launch:
- Now live with weekly reward claims
- Users must lock or migrate CAKE by March 12, 23:59 UTC
- First rewards claimable from March 20
🫡 PancakeSwap Weekly Product Update 1/2 📝Reminder: PancakeSwap Options retire on March 11, 2025, at 08:00 UTC. Withdraw your liquidity or migrate to V3 pools before the deadline. This change only affects users who have previously used the Options product.
📢 Important: The PancakeSwap Options will retire on March 11th, 2025, at 08:00 UTC 🔹 Streamlining offerings to focus on more sustainable products 🔹 Withdraw liquidity by the deadline or migrate to PancakeSwap V3 pools 👉 More blog.pancakeswap.finance/articles/retir…
PancakeSwap Options Retiring March 11
**Key Updates for PancakeSwap Users:** - PancakeSwap Options service will retire on March 11, 2025 (08:00 UTC) - Users must withdraw liquidity or migrate to V3 pools before deadline - 15,169 CAKE distributed to revenue-sharing pool participants **veCAKE Launch:** - Now live with weekly reward claims - Users must lock or migrate CAKE by March 12, 23:59 UTC - First rewards claimable from March 20 [Claim rewards](http://pancakeswap.finance/cake-staking?chain=bsc) [Migration guide](http://docs.pancakeswap.finance/products/vecake/migrate-from-cake-pool)
PancakeSwap Achieves $1 Trillion Trading Volume Milestone
PancakeSwap has reached a significant milestone, surpassing $1 trillion in total trading volume across its multichain platform. This achievement comes just months after hitting the $500B mark in late 2023. Key highlights: - Trading volume doubled from $500B to $1T in approximately 4 months - Growth attributed to multichain expansion and community adoption - Platform continues to innovate and expand DeFi services For detailed insights, check out the [full article on BSC News](https://bsc.news/post/pancakeswap-2025-trading-volume-defi-growth).
PancakeSwap Announces Second Istanbul Meetup
PancakeSwap is hosting its second community meetup in Istanbul, Turkey on March 28th at 18:00. Following the success of their first Turkish meetup in October 2023, this event promises: - Networking opportunities with crypto enthusiasts - Early access to upcoming PancakeSwap updates - Exclusive merchandise for attendees - Interactive learning sessions Space is limited. [Register here](https://lu.ma/2zelekxy) to secure your spot.
MancakeSwap Affiliate Program Paused
PancakeSwap has announced the suspension of its MancakeSwap affiliate program, citing evolving market conditions as the primary reason. The partnership, initially proposed in April 2024, included: - Co-marketing and technical support from PancakeSwap - 6% total Mancake token allocation (3% to PCS, 3% to veCAKE stakers) - 60% revenue sharing arrangement PancakeSwap has expressed gratitude to the Mancake, Mantle, and PancakeSwap communities for their support during this initiative. For more information: [View Forum Post](https://forum.pancakeswap.finance/t/update-on-mancakeswap/1151)
PancakeSwap Burns 13.8M CAKE Worth $29M in Latest Weekly Burn
PancakeSwap's latest weekly burn report shows significant deflationary activity: - Total burn: 13,868,776 CAKE ($29M) - Net weekly emission reduction: -814k CAKE (-$1.67M) - AMM V2 contribution: 187k CAKE ($385k) - AMM V3 contribution: 899k CAKE ($1.85M) - Additional sources including Prediction and Perpetual: 123k CAKE ($252k) [View burn transaction](https://bscscan.com/tx/0x304fb0b83d8fc124125b59c3fd834a3e9a6887d3c7c7e35bf720de939fc399a9)