Developers of decentralized exchange (DEX) PancakeSwap are looking to slash the maximum supply of its ecosystem token, CAKE, from 750 million to 450 million. CAKE tokens currently trade at $3.58 at ...
PancakeSwap’s “head chef” declared that the BSC-based DEX is retaining the deflationary tokenomics for its native CAKE token. The announcement comes as other DEXs are trying new incentives for staking ...
PancakeSwap’s CAKE token has been active on social media feeds this week. Mentions are rising, and influencers continue to rally around its meme potential and position in the BNB Smart Chain (BSC) ...
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PancakeSwap (CAKE) Rips 40% to 3-Month High, Yet On-Chain Data Reveals It’s Undervalued
PancakeSwap’s token hit a 3-month high of $2.80, fueled by a bullish ascending triangle and rising trading volume. The CMF and Supertrend both flash green, signaling buyers are in control and eyeing a ...
If approved, the CAKE token supply reduction will be implemented by Jan. 4, 2024, marking a strategic pivot. This move signifies PancakeSwap's transition from a high-inflation model to a more ...
Decentralized exchange PancakeSwap CAKE/USD recorded over 2 million transactions in the past 24-hours, surpassing Ethereum’s 1.55 million daily transactions. What Happened: “The craziest part? Looks ...
A community vote to reduce CAKE block rewards emitted by the decentralized-finance protocol PancakeSwap is nearing completion, with nearly 70% of votes of the decentralized autonomous organization, or ...
Project leads at the decentralized crypto exchange PancakeSwap on Tuesday proposed lowering the inflation rate target for its native CAKE token to 3%-5%, a drastic ...
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