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Pancakeswap Says CAKE Emissions Are Now 13.75 Per Block

Twitter icon  •  Published 3 years ago on June 29, 2022  •  Hassan Maishera

The Pancakeswap team announced via Twitter on Tuesday that its CAKE emissions are now 13.75 per block.

Pancakeswap Says CAKE Emissions Are Now 13.75 Per Block

The Pancakeswap team announced via Twitter on Tuesday that its CAKE emissions are now 13.75 per block. The emission reduction was achieved thanks to the vote the team obtained from its community members. Pancakeswap said emission reductions are key to its long-term goal of deflationary CAKE.

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 more than 8% today and is currently trading at $3.062.

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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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