According to Odaily, decentralized exchange platform PancakeSwap has released its June report on CAKE token burns. The report reveals that 3,264,684 CAKE tokens were burned, while 652,564 tokens were minted. As of June this year, the net minting of CAKE tokens stands at -2,612,120, marking the 22nd consecutive month of reduced total token supply.
PancakeSwap Reports June CAKE Token Burn and Supply Reduction
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