Pancakeswap launched a new feature that allows governance token holders to vote on which pools will receive the most rewards. Decentralized crypto exchange Pancakeswap has launched a new voting system called “Gauges.” The system allows governance token holders to vote for additional rewards to be distributed to particular pools, according to a Nov. 22 blog post. The exchange has also sunsetted its vCAKE metric, replacing it with a new metric called “veCAKE.” Pancakeswap is the third-largest decentralized exchange in terms of total value locked (TVL), according to blockchain analytics platform DeFiLlama.
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