.PancakeSwap launches voting to reduce $CAKE issuance cake pancakeworld
Inflation regulation is extremely important for cryptocurrencies. In the case of the same CAKE, the token had a maximum circulation limit, which the developers of PancakeSwap explained by the need to encourage users to provide liquidity, which is quite reasonable, because the availability of liquidity is key to the performance of any exchange. As a result, holders were forced to regularly pour their tokens into pools on PancakeSwap to avoid losing a third of the value of their CAKE every year.
In order to manage this problem on May 12, a vote to limit the CAKE maximum supply to 750 million tokens was initiated and ended with a decision in favor of. As a result, it brought the total number of tokens in circulation, calculated excluding burned tokens, to 307.4 million CAKE, according to . The decision had a very positive effect on CAKE quotations; back then, the token increased by almost 40% in two days., and the token's price subsequently rolled down by 30%. Nevertheless, PancakeSwap builders chose not to stop and make all necessary decisions now, when the token price is dangling at the bottom. After the recent vote was announced, the price of CAKE rose by 7.5% and, after a slight correction, it stopped at $3.2 per token.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
I tried baking cake on my car’s dashboard on a scorching-hot day. Here’s what happenedTemperatures are soaring in Texas, so naturally, I attempted to bake cake in my car. It wasn't a fail, but it wasn't pretty, either.
続きを読む »
Bitcoin, Ethereum Technical Analysis: ETH Down, as Two-Day Winning Streak Ends on Hump Day – Market Updates Bitcoin NewsBitcoin hit a hurdle on hump day, as the world’s largest crypto token moved lower, following strong gains to start the week.
続きを読む »
Mining facility opens in Saskatoon just as global demand risesThe $15\u002Dmillion facility is consolidating roughly 90 employees under one roof to reduce costs, waste and greenhouse gas emissions.
続きを読む »
Great Barrier Reef Threatened by Offshore Gas Project, Lawsuit SaysAn environmental group filed a lawsuit that seeks to stop a large offshore gas project off Australia’s coast, arguing that it would further damage the Great Barrier Reef by leading to the release of more greenhouse gases into the atmosphere
続きを読む »
Russia could occupy Lysychansk in coming days: War studyA U.S. think tank says Russian troops are likely gaining a foothold in towns south of the strategically important cities of Lysychansk and Severodonetsk.
続きを読む »