Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»EXCHANGE NEWS»PancakeSwap reduces CAKE token supply from 750 million to 450 million.
EXCHANGE NEWS

PancakeSwap reduces CAKE token supply from 750 million to 450 million.

By Crypto FlexsJanuary 8, 20241 Min Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
PancakeSwap reduces CAKE token supply from 750 million to 450 million.
Share
Facebook Twitter LinkedIn Pinterest Email

PancakeSwap has been actively engaged in efforts to strengthen its presence in the decentralized finance (DeFi) space. As a result, the number of CAKE tokens was reduced from 750 million to 450 million.

In the meantime, the company has improved its growth pattern, token economics and emissions. Following the launch of CAKE Tokenomics v2.5 and the launch of the veCAKE Gauges system, these activities have laid the foundation for continued growth across all departments.

After months of sustained deflation, their next plan is to reduce the total supply of CAKE to 450 million, in line with the goal of achieving a robust deflation mechanism.

Coordination has been implemented to deliver confidence to the community and accelerate the ultrasound cake. The intention was also to increase flexibility in expansion.

Before issuing a formal declaration, the organization convened a forum meeting to gauge the collective sentiment of the larger community. The feedback provided was very positive. After receiving these responses, an opportunity was given to submit formal recommendations.

The researchers noted that the majority of votes (97%) supported the idea of ​​reducing the cake supply. This information ultimately helped them draw conclusions and take appropriate action. Appropriately, CAKE supply has decreased.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Investors are the main level of support of the eyes.

June 6, 2025

Bitcoin prices slide again, causing new fear of deeper modifications.

June 5, 2025

The price is farther, and the investor of EDGE

June 5, 2025
Add A Comment

Comments are closed.

Recent Posts

ETF publisher’s latest warning -SEC’s approval process ‘Innovation, AIDS GIANTS’

June 7, 2025

Solana (SOL) introduces Alpenglow for faster blockchain agreement.

June 7, 2025

The Foresight Ventures report shows a collection shift where more than 32,000 sellers around the world accept encryption.

June 7, 2025

$ AB is live on Binance, guiding the new era of new cross chain asset mobility.

June 7, 2025

Trump memoin is faced with a $ 520m lock in July and the price drops by 85%.

June 7, 2025

Vaneck launches GPZ ETF for alternative asset managers.

June 7, 2025

Apple, X, Airbnb Eye Stablecoin Integration

June 7, 2025

Strategy to raise almost $ 1B by STRD priority proposal for BTC accumulation

June 7, 2025

Hash research CEO is appointed chief policy officer at the presidential office

June 7, 2025

Thorchain integrates the director of the XRP to facilitate the distributed swap.

June 7, 2025

Thorchain integrates the director of the XRP to facilitate the distributed swap.

June 7, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

ETF publisher’s latest warning -SEC’s approval process ‘Innovation, AIDS GIANTS’

June 7, 2025

Solana (SOL) introduces Alpenglow for faster blockchain agreement.

June 7, 2025

The Foresight Ventures report shows a collection shift where more than 32,000 sellers around the world accept encryption.

June 7, 2025
Most Popular

Trader Calls Memecoin One of the Strongest Altcoins, Updates Outlook on Dogecoin and Three Other Crypto Assets

May 7, 2024

The Daily: Metaplanet Buys More Bitcoin, PayPal and Venmo Integrate ENS, Core Scientific Aims for $30 Billion Valuation with AI

September 11, 2024

eth2 quick update number 22

January 19, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.