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PancakeSwap (CRYPTO: CAKE), a decentralized exchange (DEX), is set to share a portion of its trading-fee revenue with stakers of its native token to enable them to earn more rewards.
The Revenue Sharing Pool (RSP) initiative will see Fixed-Term CAKE stakers receive 5% of the trading fee revenues from all PancakeSwap v3 pairs with 0.01% and 0.05% fee tiers on a recurring and weekly basis.
Fixed-Term CAKE stakers will not only enjoy the APR from staking CAKE, but will also earn real yield directly from the revenues of PancakeSwap's v3 trading fees.
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PancakeSwap's total v3 trading volumes have already crossed $12.5 billion, signaling substantial potential rewards for Fixed-Term CAKE stakers.
The RSP, which launches on Aug. 9, is also a sustainable and rewarding model for CAKE holders.
By directly profiting from the growth of the PancakeSwap protocol, CAKE holders participate in a new sustainable model that benefits the entire community.
To claim rewards, users must click "Claim" in the Locked CAKE Benefits pop-up on PancakeSwap. Throughout August, the "kitchen" will inject extra rewards from the revenue accumulated during June and July this year.
The first four distributions will each receive 25% of the revenue-sharing rewards from June and July.
Users must join before Aug. 2 to be eligible for the first distribution.
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Posted In: $CAKE
