PancakeSwap destroyed 8.88 million CAKE, worth $18 million

According to TechFlow, on July 29, PancakeSwap officially announced the destruction of 8,888,476 CAKE, equivalent to about $18 million.

The specific sources of destruction include: in terms of transaction fees, AMM V2 earned 140,000 CAKE (US$281,000), an increase of 66%; AMM V3 earned 105,000 CAKE (US$209,000), an increase of 11%; non-AMM earned 200 CAKE (US$500), an increase of 24%.

Forecasted revenue: 57,000 CAKE ($114,000), down 6%; lottery revenue: 24,000 CAKE ($48,000), down 18%; NFT revenue: 300 CAKE ($1,000), down 19%; game revenue: 1,000 CAKE ($3,000), down 3%. #CAKE.智能策略库🥇🥇 #cake $CAKE