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PancakeSwap April CAKE Destruction Report: Total Supply Decreased for the 8th Consecutive Month

PancakeSwap April CAKE Destruction Report: Total Supply Decreased for the 8th Consecutive Month

CointimeCointime2024/05/09 11:49
By:Cointime

PancakeSwap released its April CAKE burn report: Minted: 1,022,282; Burned: 1,494,292; Net minted coins: -472,010; Percentage of total burn: -0.123%; This is the 8th consecutive month of decreasing total supply of CAKE, with a cumulative net minted amount of -2,575,069 CAKE.

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