Vavada Banner
BTC $79,220.00 (+2.17%)
ETH $2,393.76 (+3.31%)
XRP $1.44 (+1.55%)
BNB $639.52 (+1.57%)
SOL $87.58 (+1.58%)
TRX $0.32 (-0.15%)
DOGE $0.10 (+2.35%)
HYPE $42.83 (+3.17%)
LEO $10.37 (+0.71%)
ADA $0.26 (+2.27%)
BCH $456.32 (+0.81%)
XMR $391.38 (+4.73%)
LINK $9.55 (+2.33%)
ZEC $358.13 (+0.23%)
CC $0.15 (+0.56%)
XLM $0.17 (+2.18%)
M $4.29 (-1.04%)
LTC $56.67 (+1.24%)
AVAX $9.52 (+1.82%)
HBAR $0.09 (+2.16%)

Pancakeswap Burns 6,839,989 CAKE Tokens This Week

Twitter icon  •  Published há 3 anos on November 8, 2022  •  Hassan Maishera

The Pancakeswap team told its community via Twitter on Monday that it has burned 6,839,989 CAKE tokens (worth $33 million) this week.

Pancakeswap Burns 6,839,989 CAKE Tokens This Week

The Pancakeswap team told its community via Twitter on Monday that it has burned 6,839,989 CAKE tokens (worth $33 million) this week. The decentralized exchange generated $1 million (214k CAKE tokens) in trading fees for its Swap and Perpetual market. The Predictions and Lottery markets generated 59k CAKE ($283k) and 30k CAKE ($146k), respectively. The NFT marketplace generated 1k CAKE ($4k).

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 5% today and is currently trading at $4.568.

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