Vavada Banner
BTC $76,906.00 (-1.72%)
ETH $2,289.66 (-2.99%)
XRP $1.39 (-2.74%)
BNB $624.25 (-1.71%)
SOL $84.42 (-2.95%)
TRX $0.33 (+0.72%)
DOGE $0.10 (-1.21%)
HYPE $41.45 (-1.58%)
LEO $10.35 (-0.06%)
ADA $0.25 (-2.64%)
BCH $448.38 (-1.48%)
XMR $385.51 (-1.60%)
LINK $9.24 (-2.74%)
ZEC $352.84 (-1.15%)
CC $0.15 (-1.78%)
XLM $0.16 (-3.88%)
M $3.75 (-13.50%)
LTC $55.31 (-1.93%)
AVAX $9.19 (-3.07%)
HBAR $0.09 (-3.47%)

Pancakeswap Burns 6,721,328 CAKE Tokens This Week

Twitter icon  •  Published för 3 år sedan 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.

Litecoin Hit by Coordinated MWEB Exploit Triggering Chain Reorg and Double-Spend Attacks
Next article Litecoin Hit by Coordinated MWEB Exploit Triggering Chain Reorg and Double-Spend Attacks
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