The Pancakeswap team announced in a tweet on Monday that it continues to work hard to reduce its emissions. According to the team, its emissions are down by more than 40% since the DeFi summer and it is working hard to reduce it even further.
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 less than 1% so far today and is currently trading at $5.97.