Vavada Banner
BTC $77,824.00 (-0.55%)
ETH $2,310.78 (-1.92%)
XRP $1.43 (+0.50%)
BNB $634.13 (-0.57%)
SOL $85.50 (-0.68%)
TRX $0.33 (+0.16%)
DOGE $0.10 (+1.22%)
HYPE $41.08 (+0.00%)
LEO $10.29 (-0.41%)
ADA $0.25 (+0.27%)
BCH $456.32 (-0.16%)
XMR $379.27 (+1.80%)
LINK $9.28 (+0.19%)
M $4.68 (+2.33%)
CC $0.15 (+0.69%)
XLM $0.17 (-1.78%)
ZEC $345.64 (+9.42%)
LTC $56.01 (+1.30%)
AVAX $9.38 (+0.54%)
HBAR $0.09 (-0.76%)

Pancakeswap Burns 6,508,241 CAKE Tokens This Week

Twitter icon  •  Published 3년 전 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.

Tether Freezes $344 Million in USDT With OFAC and Law Enforcement Support
Next article Tether Freezes $344 Million in USDT With OFAC and Law Enforcement Support
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