To make the supply dynamics of the $CAKE token more transparent and clear, PancakeSwap has introduced a new metric that tracks the net burn of $CAKE. This metric shows the actual reduction in supply by taking into account the number of $CAKE tokens that are burned versus the number that are minted. With this development, PancakeSwap is hoping to give its users a much clearer view of how the supply of its native token is changing—at least as it relates to the net supply changes. The introduction of this net burn metric also gives us better insight as to the
The post PancakeSwap Introduces Net $CAKE Burn Metric, Enhancing Transparency in Token Supply Management appeared first on The Merkle News.
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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.
]]>PancakeSwap, a notable decentralized cryptocurrency exchange, has encountered a great 91% surge in only a few weeks, and this exceptional development can be credited to a noteworthy turn of events. The exchange as of late presented a portfolio manager that has grabbed the eye of merchants and financial investors. The Introduction Of Portfolio Manager The announcement, which was made on October 30th, unveiled an essential coordinated effort with Bril Money, a decentralized finance (DeFi) protocol. This partnership prompted the combination of an innovative component that improves the client experience and widens the stage’s capacities. With the presentation of the portfolio
The post PancakeSwap’s Striking Rising: A 91% Surge Driven By Innovative Portfolio Manager appeared first on The Merkle News.
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Following a short-lived move above $4.50 on Wednesday, GMT was once again higher, and traded up by over 20% in today’s session. GRT was another big gainer in Thursday’s session, as it moved to a multi-week high, whilst CAKE rebounded after recent losses. The Graph (GRT) Newly formed GMT was undoubtedly today’s top gainer, climbing […]
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DOGE was once again higher on Monday, as traders bought the token, days after a video about the meme-coin was shared by Elon Musk. This came as CAKE was also a big mover today, climbing beyond the $10 mark, hitting a multi-month high in the process. Dogecoin (DOGE) DOGE rose for a second consecutive session, […]
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AVAX was once again higher on Thursday, rising for its fourth consecutive session, as it further cements itself in the crypto top ten. Although RUNE was also trading by as much as 15% higher, it was CAKE that led Thursday’s gainers. Pancakeswap (CAKE) Pancakeswap (CAKE) rose to its highest level in almost four weeks on […]
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The Satoshi Revolution: A Revolution of Rising Expectations Section 5: Saving the World Through Anarchism Chapter 11, Part 2 The Double C-Word in the Private Sector The first rule of the politics of fear is that if you want to make something sound scarier than it actually is, you add the word ‘culture’ at the […]
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