Proposal to Launch veCAKE on Linea

Proposal to Launch veCAKE Gauges System on Linea As mentioned in our initial veCAKE proposal, we are launching veCAKE in phases, and are excited to share the next deployment - Linea!

Recap: Vote-Escrowed CAKE Overview Here’s a quick recap of veCAKE’s utility:

1️⃣ Direct Gauge Emissions - veCAKE holders can directly impact how CAKE emissions are distributed within each pool, rewarding specific liquidity pools and projects. Rewards and gauge weights are determined through voting power, which will be determined by veCAKE balance.

2️⃣ Enable 3rd Party Protocols through Delegation - external protocols, such as veCAKE Managers, will compete to earn a share of veCAKE voting rights in order to direct CAKE emissions. veCAKE holders can opt to delegate their CAKE to potentially earn boosted rewards. However, direct participation is highly encouraged!