📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
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.