Vavada Banner
BTC $77,383.00 (-0.43%)
ETH $2,309.11 (-0.45%)
XRP $1.42 (-1.17%)
BNB $627.89 (-1.53%)
SOL $85.90 (-0.59%)
TRX $0.32 (+0.14%)
DOGE $0.10 (-1.00%)
HYPE $41.28 (+0.15%)
LEO $10.28 (+0.32%)
ADA $0.25 (-1.02%)
BCH $452.00 (-0.71%)
XMR $376.63 (+2.28%)
LINK $9.31 (-1.19%)
ZEC $355.02 (-1.05%)
CC $0.15 (-2.27%)
XLM $0.17 (-2.97%)
M $4.33 (-0.56%)
LTC $55.81 (-1.48%)
AVAX $9.33 (-1.26%)
HBAR $0.09 (-0.08%)

Pancakeswap Burns 6.7 Million CAKE Tokens This Week

Twitter icon  •  Published 3 years ago on June 14, 2022  •  Hassan Maishera

The Pancakeswap team told its community via Twitter on Monday that it has burned 6,770,615 CAKE tokens (worth $22 million) this week.

Pancakeswap Burns 6.7 Million CAKE Tokens This Week

The Pancakeswap team told its community via Twitter on Monday that it has burned 6,770,615 CAKE tokens (worth $22 million) this week. The decentralized exchange generated $1 million (247k CAKE tokens) in trading fees for its Spot and Perpetual market and $6k (2k CAKE tokens) from its NFT marketplace. The Predictions and Lottery markets generated 130k CAKE ($425k) and 37k CAKE ($122k), respectively. 

PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is down by more than 11% today and is currently trading at $3.222.

REAL Partners With RWA Inc. to Advance Infrastructure for Tokenized Real-World Assets
Next article REAL Partners With RWA Inc. to Advance Infrastructure for Tokenized Real-World Assets
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