Vavada Banner
BTC $76,956.00 (-1.71%)
ETH $2,291.63 (-3.14%)
XRP $1.39 (-2.53%)
BNB $623.92 (-1.79%)
SOL $84.22 (-2.98%)
TRX $0.33 (+0.77%)
DOGE $0.10 (-1.35%)
HYPE $41.66 (-0.81%)
LEO $10.34 (+0.81%)
ADA $0.25 (-2.62%)
BCH $448.88 (-1.15%)
XMR $382.79 (-2.99%)
LINK $9.22 (-2.76%)
ZEC $351.76 (-2.44%)
CC $0.15 (-1.51%)
XLM $0.16 (-3.76%)
M $3.91 (-9.14%)
LTC $55.38 (-1.59%)
AVAX $9.18 (-3.07%)
HBAR $0.09 (-3.47%)

Pancakeswap Burns 6,783,974 CAKE Tokens This Week

Twitter icon  •  Published 3 years ago on December 20, 2022  •  Hassan Maishera

The Pancakeswap team told its community via Twitter on Monday that it has burned 6,783,974 CAKE tokens (worth $23 million) this week.

Pancakeswap Burns 6,783,974 CAKE Tokens This Week

The Pancakeswap team told its community via Twitter on Monday that it has burned 6,783,974 CAKE tokens (worth $23 million) this week. The decentralized exchange generated $484,000 (141k CAKE tokens) in trading fees for its Swap and Perpetual market. The Predictions and Lottery markets generated 76k CAKE ($261k) and 35k CAKE ($121k), respectively. The NFT marketplace generated 2,171 CAKE ($7k). The Pancakeswap IFO also generated 6k CAKE ($21k) last week. 

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 1% today and is currently trading at $3.441.

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