Vavada Banner
BTC $77,963.00 (-0.05%)
ETH $2,320.22 (-0.83%)
XRP $1.44 (+1.32%)
BNB $637.61 (+0.28%)
SOL $85.65 (-0.12%)
TRX $0.33 (-0.22%)
DOGE $0.10 (+1.87%)
HYPE $41.06 (-0.47%)
LEO $10.30 (+0.02%)
ADA $0.25 (+1.06%)
BCH $456.95 (+0.16%)
XMR $381.06 (+1.94%)
LINK $9.31 (+0.78%)
M $4.67 (+2.28%)
CC $0.15 (+1.29%)
XLM $0.17 (-1.15%)
ZEC $343.44 (+8.21%)
LTC $56.16 (+1.69%)
AVAX $9.39 (+1.14%)
HBAR $0.09 (-0.12%)

Pancakeswap Burns 6,721,328 CAKE Tokens This Week

Twitter icon  •  Published 3년 전 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.

Mantle Proposes $30,000 ETH Loan to Aave DAO Amid $292 Million Kelp DAO Exploit
Next article Mantle Proposes $30,000 ETH Loan to Aave DAO Amid $292 Million Kelp DAO Exploit
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.