OKX Banner
BTC $64,237.00 (+1.10%)
ETH $1,871.33 (+0.70%)
BNB $593.11 (+0.70%)
XRP $1.08 (-0.30%)
SOL $73.90 (+0.70%)
TRX $0.33 (-0.40%)
HYPE $55.15 (+2.30%)
DOGE $0.07 (+0.10%)
LEO $9.77 (+0.10%)
RAIN $0.01 (-2.10%)
ZEC $507.13 (+5.20%)
ADA $0.19 (-0.40%)
XMR $352.30 (-2.90%)
LINK $8.16 (-0.30%)
XLM $0.17 (-1.00%)
BCH $213.66 (+0.10%)
CC $0.11 (-5.50%)
GRAM $1.39 (-1.30%)
LTC $45.00 (+1.50%)
USDG $1.00 (-0.10%)

Pancakeswap burns $50 million worth of CAKE tokens

Twitter icon  •  Published 4年前 on February 1, 2022  •  Hassan Maishera

Decentralized exchange Pancakeswap has continued with its token-burning activity by destroying another 6,817,999 CAKE tokens (worth $50 million.)

Pancakeswap burns $50 million worth of CAKE tokens

Decentralized exchange Pancakeswap has continued with its token-burning activity by destroying another 6,817,999 CAKE tokens (worth $50 million.) The team also bought back 387,000 CAKE ($2.8 million) tokens from the market.

PancakeSwap is a Binance Smart Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is trading at $7.31, up by less than 1% in the last 24 hours.

Bitget’s Tokenized Stocks Surpass $1.16 Billion in Trading Volume
Next article Bitget’s Tokenized Stocks Surpass $1.16 Billion in Trading Volume
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
Cybet Banner
OKX Banner