Dear PancakeSwap Community,

As part of our ongoing efforts to streamline our offerings and focus on more sustainable and impactful products for our users, we want to inform you that the Position Managers integrated on PancakeSwap—Bril, Defiedge, Teahouse, Range, and Alpaca—will be officially retired from the PancakeSwap interface at 08:00 UTC on June 21st, 2025.

What does this mean for you?

The retirement of these Position Managers will impact users who currently have liquidity deposited in the Position Managers' respective vaults via the PancakeSwap interface. Please review the following carefully:

1. Position Managers Deposits Will Be Disabled – Effective May 21st, 2025

• Starting 08:00 UTC on May 21st, 2025, all deposits into Position Manager vaults (Bril, Defiedge, Teahouse, Range, and Alpaca) via the PancakeSwap interface will be permanently disabled.
• After this date, you will no longer be able to deposit any new assets into these position managers' vaults through the PancakeSwap interface

2. Position Managers Withdrawals Required – Before June 21st, 2025

You must withdraw your deposits from all Position Manager vaults you deposited via the  PancakeSwap interface before 08:00 UTC on June 21st, 2025, to avoid potential issues.

Defiedge, Teahouse, and Range

• If you have active deposits in any of these position managers’ vaults via the PancakeSwap interface you must withdraw your deposits before 08:00 UTC on June 21st, 2025.
• After this date, all your positions will automatically be placed in a wide range and will no longer be actively managed, increasing your exposure to impermanent loss.
• To avoid unnecessary risk, we strongly recommend withdrawing your deposits as soon as possible.

Alpaca

• Similarly, if you have deposits in any Alpaca vaults via the PancakeSwap interface, you must complete your withdrawals before June 21st, 2025.
• By late May 2025, these positions will begin to transition into wide-range, unmanaged states, again increasing the risk of impermanent loss.
• We urge you to withdraw by the end of May to ensure a smooth transition and avoid complications.

Bril

• If you have deposits in any Bril vaults via the PancakeSwap interface, you must complete your withdrawals before June 21st, 2025.
• Bril will continue to actively manage vault positions after this date. However, to avoid potential risks or unexpected changes, we recommend withdrawing your deposits before June 21st, 2025.

3. Complete Removal of Position Manager Feature

• Any deposits remaining in Bril, Defiedge, Teahouse, Range, or Alpaca Position Manager vaults via the PancakeSwap interface after 08:00 UTC on June 21st, 2025 will no longer be accessible via the PancakeSwap interface. To protect your assets, please make sure to withdraw before the deadline.
• After June 21st, 2025, the Position Manager feature will be fully removed from the PancakeSwap interface
• This means you will no longer be able to access or interact with any Position Managers (Bril, Defiedge, Teahouse, Range, Alpaca) via PancakeSwap interface in any capacity.

Why are we retiring these Position Managers?

This decision is part of our ongoing mission to streamline our product offerings. As we continue to evolve and optimize, we remain committed to delivering the best possible tools and products to our users.

Thank you for being a valued part of PancakeSwap. We truly appreciate your understanding as we continue to innovate and improve your user experience.

The Chef’s