Vavada Banner
BTC $67,322.00 (-1.20%)
ETH $1,965.64 (-0.60%)
BNB $620.91 (-1.25%)
XRP $1.36 (-0.23%)
SOL $83.03 (-1.78%)
TRX $0.29 (+0.67%)
DOGE $0.09 (-1.01%)
ADA $0.26 (-1.36%)
BCH $451.16 (+0.50%)
LEO $9.06 (+0.11%)
HYPE $29.93 (-3.46%)
XMR $348.88 (+0.35%)
LINK $8.68 (-0.83%)
CC $0.15 (-0.10%)
XLM $0.15 (-0.66%)
RAIN $0.01 (-1.06%)
HBAR $0.10 (-1.15%)
LTC $53.58 (-0.63%)
AVAX $8.93 (-0.96%)
SUI $0.90 (-0.33%)
Back to News

Pancakeswap Burns 6,508,241 CAKE Tokens This Week

Twitter icon  •  Published 3 years ago on October 11, 2022  •  Hassan Maishera

The Pancakeswap team told its community via Twitter on Monday that it has burned 6,508,241 CAKE tokens (worth $30 million) this week.

Pancakeswap Burns 6,508,241 CAKE Tokens This Week

The Pancakeswap team told its community via Twitter on Monday that it has burned 6,508,241 CAKE tokens (worth $30 million) this week. The decentralized exchange generated $831k (182k CAKE tokens) in trading fees for its Swap and Perpetual market and $5k (1k CAKE tokens) from its NFT marketplace. The Predictions and Lottery markets generated 62k CAKE ($284k) and 26k CAKE ($118k), 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 3% today and is currently trading at $4.462.

Crypto Exchange OKX Launches In-app Social Networking Feature
Next article Crypto Exchange OKX Launches In-app Social Networking Feature

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