PancakeSwap Issues Urgent Notice for CAKE Holders on opBNB
PancakeSwap has announced a critical update affecting users who hold CAKE tokens on the opBNB network. The platform informed users that support for the LayerZero bridge will end on November 23rd, specifically at 03:00 Turkish time.
Action Required Before the Deadline
Users holding CAKE on opBNB are advised to complete their transactions before the cutoff date. After this deadline, the ability to withdraw CAKE from opBNB using the current bridge will no longer be available.
PancakeSwap has recommended that users migrate their CAKE tokens from opBNB to the BNB Chain. An official bridge link has been shared for this process, and users must ensure they select opBNB as the source network during the migration.
Scope of the Change
This situation specifically impacts CAKE holders on opBNB; there are no plans to halt CAKE transfers across other networks or to cease operations of the PancakeSwap platform.
Important Safety Precautions
As the deadline approaches, users should exercise caution against fraudulent websites and avoid clicking on links shared through private messages. PancakeSwap is directing users to its official site for secure transaction processing.
In light of this announcement, CAKE holders are urged to verify their token balances across different networks to ensure a smooth transition before the impending deadline.
This information is not investment advice.
