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DOMAINS TOKEN-G

Ronald Maguire

14 May 2022 193 Read Crypto , Altcoins

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CAKE Supply To Be Limited To 750 Million

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.

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