TechFlow reports that PancakeSwap has proposed a new initiative aimed at reducing the total supply of CAKE tokens. The proposal suggests lowering the maximum supply of CAKE from the current 750 million to 450 million.
Key reasons for implementing this adjustment include providing certainty around future CAKE token supply for the community, accelerating CAKE's roadmap progress, and ensuring flexibility for future growth.
The proposal specifically recommends reducing the current total supply of CAKE from 750 million to 450 million, a reduction of 300 million CAKE. Prior to finalizing the proposal, PancakeSwap values community feedback and will strive to incorporate suggestions before the official release of the proposal.
Add to Favorites
Share to Social Media
