$CAKE

Certainty for the community on future CAKE token supply: when PancakeSwap launched in 2021, to ensure sufficient incentives to bootstrap the ecosystem. After almost 3 years in development, we now have more accurate estimations of incentives required to achieve our growth targets.

Accelerate the journey to ultrasound CAKE: total supply is an important metric when understanding the impact of token burns and future emissions. Lowering this number is a critical step to achieve ultrasound CAKE and to send a clear signal of PancakeSwap’s pivot away from a hyperinflationary tokenomics model.

Ensure sufficient flexibility for growth: 450M CAKE is a reasonable new cap to implement in order to ensure sufficient supply for future growth (e.g., gaining market share on Ethereum, Ethereum L2s, and new initiatives like position managers)