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Commencing 7 Aug, 2024, Bake will no longer mint new dCryptos.
Commencing 7 Aug, 2024, Bake will no longer mint new dCryptos.
Updated over 4 months ago

The change is due to regulatory reasons and affects all dCrypto assets, including dBTC, dETH, dUSDC, dUSDT, dLTC, dEUROC, dDOGE, dBCH, dMATIC, dSOL, dSUI, and dDOT.

What you need to know:

  • This does not affect the current dCryptos that have already been issued and the current holders, they can be redeemed as usual.

  • dCrypto swaps will be discontinued.

  • New entries for Liquidity Mining and YieldVault will be discontinued.

  • Deposits of dCrypto into Bake is still possible.

  • Does not impact existing Liquidity Mining and YieldVault positions and assets on Bake.

As Bake will no longer be facilitating the minting of new dCryptos due to regulatory developments, any newly minted dCryptos will be minted independently and with no interaction from Cake. Cake will not be responsible, neither will it be liable for the dCryptos for the foregoing reasons.

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