Vavada Banner
BTC $77,381.00 (-1.95%)
ETH $2,308.46 (-2.83%)
XRP $1.40 (-2.50%)
BNB $627.39 (-1.52%)
SOL $84.84 (-2.50%)
TRX $0.33 (+0.39%)
DOGE $0.10 (-0.37%)
HYPE $41.76 (-2.29%)
LEO $10.37 (+0.04%)
ADA $0.25 (-2.09%)
BCH $451.08 (-0.64%)
XMR $379.38 (-3.99%)
LINK $9.32 (-1.89%)
ZEC $353.17 (-2.08%)
CC $0.15 (-1.69%)
XLM $0.17 (-3.38%)
M $3.79 (-12.11%)
LTC $55.51 (-1.46%)
AVAX $9.26 (-2.30%)
HBAR $0.09 (-3.18%)

Pancakeswap Burned $56 Million Worth Of CAKE Tokens

Twitter icon  •  Published há 4 anos on March 29, 2022  •  Hassan Maishera

The Pancakeswap team announced via a tweet on Monday that it had burned over 6.6 million CAKE tokens (approximately $56 million).

Pancakeswap Burned $56 Million Worth Of CAKE Tokens

The Pancakeswap team announced via a tweet on Monday that it had burned over 6.6 million CAKE tokens (approximately $56 million). In addition to the token burn, the team also generated $3 million in trading fees, up by 42% from the previous week.

PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is up by less than 1% so far today and is currently trading at $8.29.

Litecoin Hit by Coordinated MWEB Exploit Triggering Chain Reorg and Double-Spend Attacks
Next article Litecoin Hit by Coordinated MWEB Exploit Triggering Chain Reorg and Double-Spend Attacks
OKX Banner

Author

Read Hassan Maishera's articles →
Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

Editorial Standards Corrections & Retractions Policy About
Follow us on Google News
BC.game Banner
OKX Banner