PancakeSwap CAKE: Token Burn

Name: Token Burn
Start: 2021-10-18T00:00:00Z
End: 2021-10-19T00:00:00Z

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Event date: October 18, 2021 UTC

What is coin (token) burn?

A coin (token) burn is a process of sending a certain amount of cryptocurrency to a public address that has unobtainable private keys. In the future, the sent coins cannot be spent, thus the coin burn leads to an overall decrease in the cryptocurrency circulating supply.

PancakeSwap 🥞 #BSC
@PancakeSwap

🔥 5,603,126 $CAKE just burned - that’s $111M! 💰 239k CAKE ($4.7M) bought back from the market (Trading, Prediction, NFT Market) 🔒 NFT Profile, Vault: 180k CAKE ($3.5M) 🎟️ Lottery: 32k CAKE ($633k) 🔨 Previous Auction: 32.8k CAKE ($651k)

PancakeSwap 🥞 #BSC
@pancakeswap

Proof of burn: bscscan.com 🔥While CAKE is still inflationary, the burns keep stacking up and the emissions keep dropping! 🌈You recently voted to reduce CAKE emissions even further by 0.5 CAKE per block, which will be implemented this month!

CAKE Price Changes After Event Publication

CAKE Events on the Chart

0.35%

1 hour

0.50%

3 hours

2.82%

1 day

3.57%

2 days

90.65%

Now (Added 4 years ago)