We would like to clarify a few misconceptions regarding CKP tokenomics:
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Protocol-Owned Liquidity (POL) for the CKP-WBNB pair does not carry any governance power. It exists solely to support market health and liquidity depth, not for voting.
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The Magpie treasury is governed by vlMGP holders, not by the Magpie or Cakepie team. All decisions regarding treasury activity and incentive distribution go through onchain votes by the community.
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The 20% reserved allocation is designated for long-term strategic initiatives/investment. It is not in circulation, has never been sold, and does not participate in governance.
Magpie is built on a model of shared ownership and decentralized coordination. Any claim suggesting otherwise misrepresents the structure we’ve intentionally built to empower stakeholders, not centralize control.