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PancakeSwap destroys over 1.38 million CAKE in June, reducing supply by about 388,000

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2024-07-04 05:41:12
On July 4th, PancakeSwap announced that as of July 3rd, PancakeSwap had successfully destroyed -0.101% of the total supply of CAKE in June, and the total supply of CAKE had been reduced for ten consecutive months.
In June, a total of 997,924 CAKE tokens were minted, and 1,386,355 CAKE tokens were destroyed; the net amount minted was -388,431, indicating that more CAKE tokens were destroyed than minted during the month.
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