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Pancakeswap’s CAKE Tokenomics v2.5 Proposal Passes

Twitter icon  •  Published 2 years ago on May 1, 2023  •  Hassan Maishera

The Pancakeswap team informed its community members via Twitter on Friday that the CAKE Tokenomics v2.5 Decision Proposal passed with reduction of CAKE Syrup Pool emissions to 3 CAKE/block immediately.

Pancakeswap’s CAKE Tokenomics v2.5 Proposal Passes

The Pancakeswap team informed its community members via Twitter on Friday that the CAKE Tokenomics v2.5 Decision Proposal passed with reduction of CAKE Syrup Pool emissions to 3 CAKE/block immediately. The team added that the execution was to take place immediately. The new tokenomics offers benefits for long-term CAKE stakers, low staking inflation, and real yield.

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 3% today and is currently trading at $2.612.

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Author

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.

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