Vavada Banner
BTC $75,753.00 (+1.39%)
ETH $2,355.16 (+0.61%)
XRP $1.45 (+2.88%)
BNB $630.71 (+1.29%)
SOL $88.91 (+4.51%)
TRX $0.32 (-0.28%)
DOGE $0.10 (+2.56%)
HYPE $44.19 (-2.38%)
ADA $0.26 (+3.56%)
LEO $10.10 (-0.46%)
BCH $450.44 (+2.41%)
LINK $9.55 (+2.73%)
M $3.68 (+28.37%)
XMR $350.32 (+1.88%)
CC $0.15 (+2.46%)
ZEC $336.93 (-1.01%)
XLM $0.17 (+3.91%)
RAVE $17.86 (+16.72%)
LTC $56.18 (+1.16%)
AVAX $9.68 (+2.33%)

Pancakeswap Burns 6,939,920 CAKE Tokens This Week

Twitter icon  •  Published 3 years ago on January 3, 2023  •  Hassan Maishera

The Pancakeswap team told its community via Twitter on Tuesday that it has burned 6,939,920 CAKE tokens (worth $22 million) this week.

Pancakeswap Burns 6,939,920 CAKE Tokens This Week

The Pancakeswap team told its community via Twitter on Tuesday that it has burned 6,939,920 CAKE tokens (worth $22 million) this week. The decentralized exchange generated $579,000 (180k CAKE tokens) in trading fees for its Swap and Perpetual market, up by 32% from the previous week. The Predictions and Lottery markets generated 63k CAKE ($203k) and 23k CAKE ($73k), respectively. The NFT marketplace generated 373 CAKE ($1k), down by 37% from 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 $3.181.

CLARITY Act: Almost There but Running Out of Time
Next article CLARITY Act: Almost There but Running Out of Time
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