Governance (new)

We are transitioning from vCAKE to veCAKE for our governance system. Before the full migration is done, not all information on this page will be accurate.

Overview

veCAKE holders have voting rights in PancakeSwap’s governance system. These are the topics that are within the scope of governance:

1. [Core] High-level CAKE emission adjustments (allocating CAKE to Core Pools and other high-level categories)

2. [Core] Protocol adjustments (product changes, fee changes)

3. [Core] Multichain warchest spending

4. Regular gauges voting (every 2 weeks)

Core topics must be voted on by veCAKE holders, but can only be proposed by the PancakeSwap Core Team.

Veto

The PancakeSwap Core Team has veto rights, and can perform corrective actions when it concerns the security or proper functioning of the protocol, without going through a Snapshot poll. In the case of any veto action, the PancakeSwap Core Team will provide an explanation.

Possible actions include, but are not limited to:

1. Pausing relevant smart contracts while fixing a critical bug in the protocol

2. Rejecting a gauge that was successfully added if the token(s) in question is deemed unsafe, malicious, and/or detrimental to the PancakeSwap ecosystem