PancakeSwap's community is discussing a governance proposal to reduce the maximum supply of CAKE tokens from 450 million to 400 million, a decrease of 50 million tokens. The team believes that with the ecosystem growth fund having accumulated approximately 3.5 million CAKE to support growth, and the improbability of returning to an inflationary state, lowering the cap to 400 million will suffice for future needs. This adjustment also retains a buffer of about 50 million tokens to address unforeseen circumstances.
PancakeSwap Proposes Reducing CAKE Token Supply Cap by 50 Million
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
