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Pancakeswap To Present A New CAKE Tokenomics Redesign Next Month

Twitter icon  •  Published 3 years ago on April 27, 2022  •  Hassan Maishera

The Pancakeswap team announced via Twitter on Tuesday that it will be releasing a new CAKE tokenomics redesign in May.

Pancakeswap To Present A New CAKE Tokenomics Redesign Next Month

The Pancakeswap team announced via Twitter on Tuesday that it will be releasing a new CAKE tokenomics redesign in May. However, the team said it couldn’t provide additional details at the moment but will keep the community updated with important information. 

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 11% today and is currently trading at $7.594

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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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