PancakeSwap destroyed more than 1.38 million CAKE in June, reducing the supply by about 388,000

07/04 06:03

Wechat scan to share

On July 4th, PancakeSwap announced that as of July 3rd, it had successfully burned 0.101% of the total supply of CAKE tokens for June. The total supply of CAKE has decreased for ten consecutive months. In June, 997,924 CAKE tokens were minted and 1,386,355 CAKE tokens were burned, resulting in a net minting of -388,431 CAKE tokens, indicating that more CAKE tokens were burned than minted in that month.

Comments

All Comments

Recommended for you

EMC Labs · 05/12 06:51

The “reciprocal tariff war” has entered the third stage, crypto assets have rebounded across the board, and BTC may quickly break through the previous high (05.05~05.11)

The short-term unrealized gains have just exceeded 10%, with only 2% of positions currently at a loss, indicating that the market is in a very safe state.
Jesse Hamilton · 05/12 04:40

As Meta Said to Mull Tokens, Senator Warren Calls for Blocking Big Tech Stablecoins

While the top Democrat on the Senate Banking Committee argues for stablecoin limits, she and colleagues also questioned Binance's talks with Treasury.
Shaurya Malwa · 05/12 04:38

Dogecoin Surges 10%, Bitcoin Nears $104K Amid Renewed ‘Risk-on’ Sentiment

Investors are quickly changing their perspectives on crypto now that altcoins have departed from a negative trend and found buying pressure from a renewed risk-on sentiment, one analyst said.
Stephen Moore · 05/12 04:37

Bitcoin Challenges $105K on Positive Weekend Macro Headlines

"Many things discussed, much agreed to," said President Trump of today's trade negotiations with China.
Vincent Tabora · 05/10 22:18

El Salvador stacks 7 Bitcoin in last week, despite IMF deal

The country continues to acquire more Bitcoin for its strategic reserve and has embraced technical innovation to fuel economic growth.
CointimeSG · 05/09 10:10

FEC has secured a major sponsorship at Nexus2140: AI·Web3·Ecom Global Expo, to joinly create a new vision for tech-driven consumer transformation

Let Nexus2140 be the launchpad where FEC and global partners co-create a new chapter in technology-enabled commerce. Seize the momentum of innovation and unlock boundless potential in the digital economy.
Mint Blockchain · 05/09 09:45

Mint Blockchain × Chainlink Strategic Partnership: Empowering Cross-Chain Innovation

We are thrilled to announce the strategic partnership between Mint Blockchain and Chainlink, the industry-leading decentralized oracle network.
Jesse Hamilton · 05/09 09:45

Senate Votes Against Advancing Stablecoin Bill, Delaying Process as Trump Concerns Fester

Last-minute Democrat objections led to a failed vote to move into debate on a top crypto industry legislative priority to regulate dollar-based tokens.
cointelegraph · 05/09 09:43

Germany seizes $38M in crypto from Bybit hack-linked eXch exchange

The $38 million crypto seizure from Bybit hack-linked eXch was the third-largest crypto confiscation in the history of Germany’s federal criminal police.
Ciaran Lyons · 05/09 07:49

Ether clocks ‘insane’ 20% candle post Pectra — a turning point?

Ether has surged following the Pectra hard fork, with analysts suggesting a growing number of long positions could signal a turnaround for the asset.