TechFlow news, July 29 — According to an official announcement, PancakeSwap has just burned 8,888,476 CAKE tokens, worth approximately $18 million. The specific sources of the burn include: trading fees from AMM V2, amounting to 140,000 CAKE ($281,000), up 66%; AMM V3 trading fees of 105,000 CAKE ($209,000), up 11%; non-AMM fees totaling 200 CAKE ($500), up 24%. Prediction Market contributed 57,000 CAKE ($114,000), down 6%; Lottery contributed 24,000 CAKE ($48,000), down 18%; NFTs contributed 300 CAKE ($1,000), down 19%; and Gaming contributed 1,000 CAKE ($3,000), down 3%.
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