Decentralized exchange PancakeSwap has announced PancakeSwap V4 and a CAKE airdrop campaign to celebrate it. According to the press release, PancakeSwap is conducting a $3 million CAKE airdrop to incentivize both current users and newcomers to explore the benefits of the upgraded platform. Notably, the airdrop is available on a first-come, first-served basis. Reducing Fees…
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The Pancakeswap community has sanctioned a governance vote to eliminate 300 million CAKE tokens from the crypto asset’s total supply. Records indicate that a substantial 97.88% of community votes supported the reduction of 300 million CAKE, decreasing the total supply from 750 million to 450 million CAKE tokens. Near-Unanimous Vote Cuts CAKE Supply On Dec.…
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Amidst PancakeSwap’s proposal to burn 300 million CAKE and reduce the total supply from 750 million to 450 million CAKE, on-chain data indicates that a whale has been moving a significant amount of CAKE, the decentralized exchange’s governance token. Whale Is Moving Tokens As Key PancakeSwap Voting Event Proceeds According to a report from Scopescan, a…
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Adobe Stock / JorgeEduardo Decentralized exchange (DEX) PancakeSwap has introduced a proposal to significantly decrease the maximum supply of its native ecosystem token, CAKE. The developers seek to reduce the token supply from 750 million to 450 million, aiming to better align it with the current circulating supply of 388 million. In an official announcement…
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The recent increase in value of PancakeSwap has captured the attention of the cryptocurrency community, as its token, CAKE, witnessed an extraordinary 54% surge in just the past seven days. With a robust market capitalization of nearly $900 million and an impressive fully diluted valuation of $1.3 billion, PancakeSwap has solidified its position as a…
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Adobe Stock / JorgeEduardo Decentralized crypto exchange Pancakeswap has launched a new voting system called “Gauges” and “veCAKE,” a new vote-escrowed system that allows users to vote on governance proposals and determine CAKE emissions allocations. According to a Nov. 22 blog post, PancakeSwap, the third-largest decentralized exchange by total value locked (TVL), has unveiled two…
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The decentralized exchange launched a new feature that allows governance token holders to vote on which pools will receive the most rewards. Decentralized crypto exchange Pancakeswap has implemented a new voting system. Called “Gauges,” the system allows governance token holders to vote for additional rewards to be distributed to particular pools, according to a Nov.…
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Source: pancakeswap.games Decentralized exchange (DEX) PancakeSwap has launched its Gaming Marketplace, enabling developers to directly build, publish, and update games on the platform to an audience of 1.5 million potential players. Per the announcement, the platform is also a hub for the community to explore games that feature ecosystem elements, including its coins and non-fungible…
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TIA, CAKE, and RUNE are among the best crypto to buy now, while new presales like BTCMTX and TGC offer high risk/reward. Image by cryptonews.com. The TIA price hit yet another all-time high earlier today, as Celestia’s native token remains one of the best crypto to buy now. The recent 200% price increase comes on…
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Altcoins have witnessed a significant surge recently, with their collective market capitalization rising from $575 billion to $615 billion in just a few days – an increase of 7%. This momentum hints at the potential for further growth in the Altcoin sector. Breakout From Descending Triangle The Altcoin market capitalization had been trading within a…
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