TechFlow News, January 13 — According to PancakeSwap's governance forum, the PancakeSwap team has proposed a plan to reduce the maximum supply of CAKE tokens from 450 million to 400 million.
The PancakeSwap team stated that CAKE has been in a deflationary state since September 2023, and this trend is expected to continue. The team has accumulated approximately 3.5 million CAKE as an ecosystem growth fund, which will be prioritized for protocol development needs, making it unlikely for the protocol to return to an inflationary state.
The proposal will proceed to a voting phase following community discussion. If approved, it will reduce the maximum supply cap by 50 million CAKE.
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