BNB Smart Chain's most advanced DeFi implementation, PancakeSwap, has released a management proposal detailing the many goals of its native token CAKE. There was a 24-hour vote, and 11 million people (99.8%) accepted the proposals, while 131 thousand (1.2%) rejected the proposals. PancakeSwap's Tokenomics' roadmap has been revamped for the second time, placing a 750 million supply cap on CAKE tokens.
Proposal Received Great Support from Participants
The circulating supply of CAKE is currently 295 million. By rough calculation, it may take 3 years for the circulating supply to reach the upper limit.
