🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
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.