PancakeSwap burned over 1.38 million CAKE in June, reducing the supply by approximately 388,000

2024-07-04 13:43:52
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ChainCatcher news, PancakeSwap announced that as of July 3, PancakeSwap has successfully burned 0.101% of the total supply of CAKE for June, marking ten consecutive months of reduction in the total supply of CAKE.

In June, a total of 997,924 CAKE were minted, and 1,386,355 CAKE were burned; the net minting amount was -388,431, indicating that more CAKE tokens were burned than minted that month.

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