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PancakeSwap CAKE supply drops 14.5% as burns top $1 million in a week

Covered by 1 source · 1 article

PancakeSwap just posted one of its clearest supply-contraction weeks in recent memory, and the numbers are hard to ignore. The decentralized exchange reported a net negative mint of 427,000 CAKE tokens, a figure that shows more coins were d…

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PancakeSwap CAKE supply drops 14.5% as burns top $1 million in a week
Cryptonomist 2h ago

PancakeSwap CAKE supply drops 14.5% as burns top $1 million in a week

PancakeSwap just posted one of its clearest supply-contraction weeks in recent memory, and the numbers are hard to ignore. The decentralized exchange reported a net negative mint of 427,000 CAKE tokens, a figure that shows more coins were d…