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PancakeSwap: Over 7.05 million CAKE have been burned, worth approximately 29 million USD

2023-01-30 18:12:49
Collection

ChainCatcher news, the decentralized trading platform PancakeSwap officially announced that today it has burned 7,059,088 CAKE, worth approximately 29 million USD. According to PancakeSwap documentation, PancakeSwap currently releases 40 CAKE per block, burning about 30.1 CAKE (once a week), with an effective release amount of approximately 9.9 CAKE per block. (Source link)

warnning Risk warning
Related tags
PancakeSwap active burn
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