-- At the blockchain event held by Feixiaohao Malaysia, the CAKEPI project officially announced the launch of the "CAKEPI dual mining" plan, working with the Pi Network community with more than 50 million users worldwide and the world's largest decentralized exchange PancakeSwap to jointly promote the revaluation of CAKE tokens.
The project party stated that it will activate the market potential of the long-underestimated PancakeSwap governance token CAKE, combined with the huge user base of Pi Network, to create real usage scenarios and liquidity depth, and open up a new ecological growth path.
In this plan, PancakeSwap will officially invest 50 million to 100 million US dollars in liquidity support, and the CAKEPI system will provide users with a dual reward mechanism of "CAKE+CAKEPI": users purchase and stake CAKE through USDT, not only to obtain principal and interest income every day, but also to receive free CAKEPI token airdrops equivalent to 5% of the staked amount.
CAKEPI enhances the scarcity of tokens through the "buyback + destruction" model, and sets a deflation mechanism to destroy 90% of the total issuance in the long term. As of May 27, CAKEPI has completed the destruction of 2 million tokens, with the goal of retaining only 1 million for final circulation.
The project party pointed out that CAKE reached a high of 44.2 USDT in 2022, but now its market value is only about US$700 million, which is seriously out of touch with PancakeSwap's actual annual revenue of more than US$300 million. As the volume of decentralized transactions continues to rise, the launch of CAKEPI is seen as the starting point for CAKE to restart its value perception.
This dual mining mechanism not only improves CAKE's liquidity and market attention, but also marks the start of a new round of ecological incentive cycle for PancakeSwap. CAKEPI may become one of the most noteworthy innovative token projects in 2025.
Contact Info:
Name: sara Smith
Email: Send Email
Organization: CAKEPI
Website: https://cakepi.fun
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