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PancakeSwap governance proposal set to cap CAKE supply at 750M

A snapshot motion issued by the PancakeSwap team received over 11 million CAKE votes since commencement, with the majority of participants favoring the v2 evolution.
PancakeSwap, the decentralized finance (DeFi) application built on Binance Smart Chain, synonymous with its automated market maker service and its quirky branding style, has released a governance proposal for the second iteration of its tokenomics roadmap.The centerpiece of the litepaper’s new version suggested an imposed supply cap on the project’s native token, CAKE. Currently operating with a circulating supply of 293.4 million according to quantitative data verified by CoinMarketCap, the paper advised a maximum figure of 750 million.A governance voting window was opened to the community for a 24-hour period, and attracted 11,008,360.64 CAKE votes, with an overwhelming majority of 98.80% of voters advocating for the admission of the proposal.Speaking to Co

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We współpracy z: https://cointelegraph.com/news/pancakeswap-governance-proposal-set-to-cap-cake-supply-at-750m

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