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.
