PancakeSwap CAKE: Token Burn

Name: Token Burn
Start: 2022-01-17T00:00:00Z
End: 2022-01-18T00:00:00Z

389

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Event date: January 17, 2022 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

🔥 Lighting up the fire for this week's CAKE burn! Burning fees collected from a variety of #PancakeSwap products. The final burn transaction may take place today or tomorrow. (disclaimer: this is not how we light up our fire 👀)

CAKE Price Changes After Event Publication

CAKE Events on the Chart

1.61%

1 hour

1.78%

3 hours

6.01%

1 day

10.50%

2 days

88.06%

Now (Added 4 years ago)