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Pancake Officially Proposes New Plan to Adjust CAKE Maximum Supply from 4.5 Billion to 4 Billion Tokens
Summary: According to official sources, the Pancake team has released a new proposal to adjust the maximum supply of CAKE tokens from 4.5 billion to 4 billion. The team believes that the reduced token amount will be sufficient to support all future development needs of the protocol. Despite a buffer of approximately 50 million tokens between ...
According to official sources, the Pancake team has released a new proposal to adjust the maximum supply of CAKE tokens from 4.5 billion to 4 billion. The team believes that the reduced token amount will be sufficient to support all future development needs of the protocol. Despite a buffer of approximately 50 million tokens between the current circulating supply (around 3.5 billion) and the new maximum supply (4 billion), it is expected that this reserve will not need to be utilized. In case of special circumstances, the team may still activate this buffer mechanism. It is important to note that Pancake's ecosystem development fund continues to grow steadily, currently accumulating around 3.5 million CAKE tokens. Before considering any additional emissions, these reserves will be prioritized for protocol development needs. Therefore, the protocol is unlikely to return to an inflationary state.
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Link: Pancake Officially Proposes New Plan to Adjust CAKE Maximum Supply from 4.5 Billion to 4 Billion Tokens [Copy]
