PancakeSwap to Finalize Affiliate Program on March 5th
PancakeSwap has announced that its affiliate program will be retired on March 5th at 23:59 UTC. The decision is part of an effort to streamline offerings and focus on more sustainable and impactful products for the community.
Refer to the official tweet by CAKE:
PancakeSwap@PancakeSwapFeb 05, 2025📢 Important Update: PancakeSwap's Affiliate Program will retire on March 5th, 2025, at 23:59 UTC.
🔹 This is part of our ongoing efforts to streamline offerings and focus on more sustainable, impactful products for our community.
🔹 Please withdraw any unclaimed trading… pic.twitter.com/Y1Z7K4CPXA
CAKE Info
PancakeSwap is a decentralized exchange (DEX) built on the Binance Smart Chain (BSC). It uses an automated market maker (AMM) model, which allows users to trade directly with a liquidity pool. These pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return. Users can also earn rewards by providing liquidity or staking LP tokens. The native utility token of PancakeSwap is CAKE, which can be used for staking to earn rewards, participating in lotteries, and voting in governance decisions.