Decentralized exchange PancakeSwap [CAKE] has proposed to reduce the maximum supply of its native token from 750 million to 450 million. According to the project, the move is necessary if the token wants to move from a high-inflation model to a more efficient one. While the proposal would still undergo discussion, comments from the PancakeSwap forum showed that some members of the community were in support. The major reason for the backing is that the decrease in supply might trigger a jump in CAKE’s value.
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BTC Dom 56.74 %
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$64,684.00
▲ +0.30%
ETH
$1,908.36
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USDT
$0.999365
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BNB
$591.48
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USDC
$0.999662
▲ +0.00%
XRP
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SOL
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$0.3275
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FIGR_HELOC
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$64,684.00
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BNB
$591.48
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USDC
$0.999662
▲ +0.00%
XRP
$1.02
▼ -3.00%
SOL
$73.33
▲ +0.50%
TRX
$0.3275
▲ +0.00%
FIGR_HELOC
$1.03
▲ +1.80%
HYPE
$54.62
▼ -0.70%
DOGE
$0.069463
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USDS
$0.999952
▲ +0.00%
RAIN
$0.01273
▲ +1.50%
LEO
$9.75
▲ +0.00%
ZEC
$510.63
▲ +4.40%
ADA
$0.198912
▼ -4.40%
XMR
$368.62
▲ +1.10%
WBT
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▲ +0.20%
LINK
$8.22
▲ +0.10%
XLM
$0.159889
▼ -1.20%
DAI
$1.00
▲ +0.00%
BCH
$215.18
▲ +0.80%
USD1
$0.999766
▲ +0.00%
USDE
$0.999693
▲ +0.00%
CC
$0.094278
▼ -4.80%
Mkt Cap $2.29T
BTC Dom 56.74 %
BTC
$64,684.00
▲ +0.30%
ETH
$1,908.36
▲ +0.00%
USDT
$0.999365
▲ +0.00%
BNB
$591.48
▲ +0.00%
USDC
$0.999662
▲ +0.00%
XRP
$1.02
▼ -3.00%
SOL
$73.33
▲ +0.50%
TRX
$0.3275
▲ +0.00%
FIGR_HELOC
$1.03
▲ +1.80%
HYPE
$54.62
▼ -0.70%
DOGE
$0.069463
▲ +1.00%
USDS
$0.999952
▲ +0.00%
RAIN
$0.01273
▲ +1.50%
LEO
$9.75
▲ +0.00%
ZEC
$510.63
▲ +4.40%
ADA
$0.198912
▼ -4.40%
XMR
$368.62
▲ +1.10%
WBT
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▲ +0.20%
LINK
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XLM
$0.159889
▼ -1.20%
DAI
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BCH
$215.18
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USD1
$0.999766
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USDE
$0.999693
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CC
$0.094278
▼ -4.80%
