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CryptoGlobe
2023-12-21 02:33:00

Decentralized Exchange PancakeSwap Announces Massive CAKE Token Burn Amid Rising Trading Fees

Decentralized Exchange PancakeSwap Announces Massive CAKE Token Burn Amid Rising Trading Fees

Popular decentralized exchange PancakeSwap has recently announced the burn of over 9 million of its native $CAKE tokens in a move that destroyed over $19 million worth of tokens, in a move that helps to reduce their circulating supply. In a post on the microblogging platform X (formerly known as Twitter) PancakeSwap’s team broke down

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