PancakeSwap Launches Revenue Sharing Pool (RSP) for CAKE Token Stakers
PancakeSwap is launching the Revenue Sharing Pool (RSP), giving a weekly 5% cut of trading fee revenues to Fixed-Term CAKE stakers
The RSP starts on August 9, benefiting Fixed-Term CAKE stakers in two ways: APR from staking CAKE continues, and they'll get tangible yields from PancakeSwap's v3 trading fee revenues
To receive rewards, users need to choose the "Claim" option in the Locked CAKE Benefits pop-up on the PancakeSwap platform
According to DeFiLlama, PancakeSwap has a $326M market cap and $356M in staked tokens! Its annualized trading volume is an impressive $174B
PancakeSwap's Revenue Sharing Pool promises a sustainable model for CAKE token holders, allowing them to share in the exchange's success
The RSP distributions will be quarter shares of revenue rewards from June and July, distributed weekly on Wednesdays at 23:59 UTC