Vavada Banner
BTC $77,097.00 (-2.68%)
ETH $2,299.50 (-3.91%)
XRP $1.40 (-3.19%)
BNB $626.07 (-1.92%)
SOL $84.43 (-3.79%)
TRX $0.32 (+0.32%)
DOGE $0.10 (-0.97%)
HYPE $41.41 (-3.27%)
LEO $10.37 (+0.03%)
ADA $0.25 (-3.06%)
BCH $448.88 (-1.89%)
XMR $381.44 (-3.13%)
LINK $9.31 (-2.74%)
ZEC $353.48 (-1.79%)
CC $0.15 (-2.05%)
XLM $0.17 (-4.27%)
M $3.74 (-13.13%)
LTC $55.46 (-2.02%)
AVAX $9.25 (-3.05%)
HBAR $0.09 (-3.78%)

Pancakeswap Burns 7,123,715 CAKE Tokens This Week

Twitter icon  •  Published 3 years ago on September 6, 2022  •  Hassan Maishera

The Pancakeswap team told its community via Twitter on Monday that it has burned 7,123,715 CAKE tokens (worth $29 million) this week.

Pancakeswap Burns 7,123,715 CAKE Tokens This Week

The Pancakeswap team told its community via Twitter on Monday that it has burned 7,123,715 CAKE tokens (worth $29 million) this week. The decentralized exchange generated $1.38 million (334k CAKE tokens) in trading fees for its Swap and Perpetual market and $65k (16k CAKE tokens) from its NFT marketplace. The Predictions and Lottery markets generated 75k CAKE ($308k) and 40k CAKE ($166k), respectively. 

PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is up by more than 1% today and is currently trading at $4.182.

Litecoin Hit by Coordinated MWEB Exploit Triggering Chain Reorg and Double-Spend Attacks
Next article Litecoin Hit by Coordinated MWEB Exploit Triggering Chain Reorg and Double-Spend Attacks
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
BC.game Banner
OKX Banner