Vavada Banner
BTC $79,262.00 (+2.47%)
ETH $2,397.66 (+3.87%)
XRP $1.44 (+1.64%)
BNB $639.26 (+1.82%)
SOL $87.95 (+2.09%)
TRX $0.32 (-0.17%)
DOGE $0.10 (+2.70%)
HYPE $43.21 (+4.52%)
LEO $10.37 (+0.85%)
ADA $0.26 (+2.24%)
BCH $456.17 (+0.69%)
XMR $388.11 (+3.02%)
LINK $9.57 (+2.64%)
ZEC $361.13 (+1.75%)
CC $0.15 (+0.11%)
XLM $0.17 (+2.61%)
M $4.29 (-0.49%)
LTC $56.75 (+1.44%)
AVAX $9.54 (+2.18%)
HBAR $0.09 (+2.04%)

Pancakeswap Burns 6,808,702 CAKE Tokens This Week

Twitter icon  •  Published 3 years ago on December 28, 2022  •  Hassan Maishera

The Pancakeswap team told its community via Twitter on Tuesday that it has burned 6,808,702 CAKE tokens (worth $22 million) this week.

Pancakeswap Burns 6,808,702 CAKE Tokens This Week

The Pancakeswap team told its community via Twitter on Tuesday that it has burned 6,808,702 CAKE tokens (worth $22 million) this week. The decentralized exchange generated $448,000 (136k CAKE tokens) in trading fees for its Swap and Perpetual market. The Predictions and Lottery markets generated 67k CAKE ($221k) and 39k CAKE ($129k), respectively. The NFT marketplace generated 594 CAKE ($2k). 

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 1% today and is currently trading at $3.266.

REAL Partners With RWA Inc. to Advance Infrastructure for Tokenized Real-World Assets
Next article REAL Partners With RWA Inc. to Advance Infrastructure for Tokenized Real-World Assets
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