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)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators