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PancakeSwap Burns Approximately 3.26 Million CAKE Tokens in June, Total Supply Decreases for 22 Consecutive Months

Summary: In a recent announcement, decentralized exchange platform PancakeSwap revealed that they burned 3,264,684 CAKE tokens in June, with a minted token amount of 652,564. As of June this year, PancakeSwap's net minted amount of CAKE tokens is -2,612,120, leading to a continuous decrease in total token supply for 22 months.

In a recent announcement, decentralized exchange platform PancakeSwap revealed that they burned 3,264,684 CAKE tokens in June, with a minted token amount of 652,564. As of June this year, PancakeSwap's net minted amount of CAKE tokens is -2,612,120, leading to a continuous decrease in total token supply for 22 months.

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Link: PancakeSwap Burns Approximately 3.26 Million CAKE Tokens in June, Total Supply Decreases for 22 Consecutive Months [Copy]

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