PancakeSwap Seeks to Slice CAKE Token Supply: A Billion-Dollar Move
Key Takeaways PancakeSwap is proposing a reduction in its CAKE token supply from 750 million to 450 million tokens. The proposal aims to align CAKE’s total supply with its current circulating supply, enhancing deflationary dynamics; PancakeSwap seeks to pivot away from a hyperinflationary model towards ultrasound CAKE and clearer growth targets.