🥞 PancakeSwap BURNS EVERYTHING on Binance Square! 🚀 The largest multichain DEX reached $205.3 billion in volume in Q1 2025, a leap of 922% since 2023! 📈 With 5.8 million traders and 114.4 million transactions, PancakeSwap is soaring! The CAKE Tokenomics 3.0 brought epic changes: it eliminated veCAKE, cut daily emissions from 40k to 14.5k CAKE, and focuses on token burning (339k CAKE burned already, ~US$ 800k in a week)! 🔥 This reduces supply (maximum 450M CAKE), aiming for 4% annual deflation by 2030, increasing the value of $CAKE. 🤑 #PancakeSwap #DeFi #CAKE

Explanation of token burning:

The token burning of PancakeSwap, part of Tokenomics 3.0, is a mechanism to reduce CAKE supply, making it deflationary. Previously, the veCAKE system required users to lock tokens for voting and rewards, which generated high emissions and allocated resources inefficiently. Now, the platform has burned, for example, 339k CAKE (US$ 800k) in one week, using trading fees (AMM V2/V3, lotteries, etc.) to buy and destroy tokens. Emissions fell from 40k to 14.5k CAKE/day, and 100% of the fees from certain pools go to burning, aiming for a 20% reduction in supply by 2030, which could appreciate the $CAKE .