PancakeSwap community passes proposal to reduce token supply by 300M
In a landmark decision, decentralized exchange (DEX) PancakeSwap has successfully passed a proposal to reduce the total supply of its native token, CAKE, to a maximum cap of 450 million from 750 million. The proposal, which closed on Dec. 29, garnered an overwhelming 97.88% approval rate from the voting community, reflecting a significant shift in...