OKX Banner
BTC $64,001.00 (+0.80%)
ETH $1,865.64 (+0.60%)
BNB $594.94 (+0.70%)
XRP $1.07 (-0.10%)
SOL $73.51 (+0.40%)
TRX $0.33 (-0.50%)
HYPE $54.81 (+2.10%)
DOGE $0.07 (-0.20%)
LEO $9.77 (+0.20%)
RAIN $0.01 (-1.90%)
ZEC $503.66 (+5.50%)
ADA $0.19 (-1.20%)
XMR $352.97 (-3.10%)
LINK $8.13 (-0.50%)
XLM $0.17 (-1.40%)
BCH $212.98 (+0.00%)
CC $0.11 (-5.50%)
GRAM $1.39 (-1.50%)
USDG $1.00 (+0.00%)
LTC $44.94 (+1.50%)

Pancakeswap Burns Nearly 7 Million Tokens

Twitter icon  •  Published hace 4 años on February 21, 2022  •  Hassan Maishera

The Pancakeswap team announced on Twitter earlier today that it has burned 6,864,564 CAKE tokens.

Pancakeswap Burns Nearly 7 Million Tokens

The Pancakeswap team announced on Twitter earlier today that it has burned 6,864,564 CAKE tokens. The burnt tokens were worth approximately $53 million. The team also bought back 328k CAKE ($2.5M) from the trading, prediction and NFT markets. 

PancakeSwap is a Binance Smart Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is trading at $7.40 at press time, up by less than 1% so far today.

Bitget’s Tokenized Stocks Surpass $1.16 Billion in Trading Volume
Next article Bitget’s Tokenized Stocks Surpass $1.16 Billion in Trading Volume
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
Cybet Banner
OKX Banner