BTC $89,936.00 (+1.24%)
ETH $2,988.10 (+1.62%)
BNB $891.32 (+2.03%)
XRP $1.93 (+1.93%)
SOL $129.95 (+2.08%)
TRX $0.30 (+1.69%)
DOGE $0.13 (+2.04%)
ADA $0.36 (+2.00%)
BCH $595.26 (+1.34%)
XMR $511.13 (+1.97%)
LINK $12.38 (+1.46%)
LEO $8.95 (+1.78%)
XLM $0.21 (+1.46%)
ZEC $361.91 (+0.53%)
SUI $1.52 (+2.74%)
CC $0.15 (+14.09%)
AVAX $12.30 (+1.66%)
LTC $68.34 (+0.64%)
HYPE $21.79 (+4.31%)
WLFI $0.17 (+1.06%)
Back to News

Pancakeswap Burns 6,721,328 CAKE Tokens This Week

Twitter icon  •  Published vor 3 Jahren on August 30, 2022  •  Hassan Maishera

The Pancakeswap team told its community via Twitter on Monday that it has burned 6,721,328 CAKE tokens (worth $26 million) this week.

Pancakeswap Burns 6,721,328 CAKE Tokens This Week

The Pancakeswap team told its community via Twitter on Monday that it has burned 6,721,328 CAKE tokens (worth $26 million) this week. The decentralized exchange generated $1 million (287k CAKE tokens) in trading fees for its Swap and Perpetual market and $9k (5k CAKE tokens) from its NFT marketplace. The Predictions and Lottery markets generated 91k CAKE ($349k) and 32k CAKE ($121k), respectively. 

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 more than 6% today and is currently trading at $4.107.

Iran’s Central Bank Bought $507 Million USDT to Manage Forex Pressure
Next article Iran’s Central Bank Bought $507 Million USDT to Manage Forex Pressure

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