Pancakeswap’s new proposal proposes reducing the maximum supply of CAKE to 450 million coins
PancakeSwap has proposed a plan to reduce the total supply of CAKE tokens. The proposal suggests reducing the maximum supply of CAKE from the current 750 million to 450 million.There are several main reasons for implementing this adjustment, including providing certainty for future CAKE token supply to the community, accelerating the journey of CAKE, and ensuring flexibility for future growth.The proposal suggests reducing the current total supply of CAKE from 750 million to 450 million, a reduction of 300 million CAKE. PancakeSwap values community feedback before making the final proposal and will strive to incorporate any suggestions before the proposal is formally released.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Why should we have confidence in the AI Agent track?
AI Agent breaks the narrative logic of purely "on-chain" building Lego stacking towers in the past, presenting a new infrastructure construction demand that supports AI Agent's autonomy, immortality, and multimodal collaboration, integrating both on-chain and off-chain elements.
Bitcoin’s legitimization, BlackRock shatters records, buy-in soars: Spot bitcoin ETFs mark one-year anniversary
With one year in the books, spot bitcoin ETFs have generated over $660 billion in trading volume.After amassing over $50 billion in assets under management (AUM) in the past year, BlackRock’s IBIT fund emerged as the clear leader among spot bitcoin ETFs.Bitcoin’s standing as an accepted asset class took on new shape thanks to the new financial instruments.
Dewhales' partnership x TreeHouse
Flockerz Soars Past $9.5M In Presale – Only 11 Days Left To Buy Vote-To-Earn Meme Coin At Low Price
Trending news
MoreCrypto prices
More
