
PancakeSwap’s Major CAKE Token Burn Amid Surging Fees
PancakeSwap, a well-known decentralized exchange, has made headlines with its recent decision to burn over 9 million of its native $CAKE tokens. This significant action has effectively removed approximately $19 million worth of tokens from circulation. The team at PancakeSwap shared details about this move on a microblogging platform (formerly known as Twitter), explaining that…