COINOTAG news reveals that PancakeSwap, a leading decentralized exchange, announced significant changes effective October 10, 2024. The platform will cease management of all treasury positions linked with DeFiEdge. Users are strongly advised to withdraw their funds before this date to prevent complications. Post-October 10, the treasury access remains available through PancakeSwap’s UI. Nonetheless, these treasury positions will undergo mass release and lack active management. This strategic move underlines PancakeSwap’s evolving approach within the DeFi landscape. Users should remain vigilant about this transition to safeguard their investments, highlighting the necessity for timely action in the rapidly changing crypto ecosystem.
Source: https://en.coinotag.com/breakingnews/pancakeswap-to-cease-treasury-support-for-defiedge-by-october-2024-user-withdrawal-alert/