With the blessing of BNB, nothing else is really useful.
K线人生飞哥
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$CAKE starts seriously destroying, and now those who previously criticized CAKE as a garbage coin will say CAKE is a value coin.
The goal of PancakeSwap's Tokenomics 3.0 is to achieve about 4% annual deflation and about 20% supply reduction by 2030, with CAKE's maximum supply reduced to 450 million in January 2024 (currently 359 million).
Monthly reports show that the number of tokens destroyed exceeds the number of tokens minted; for example, in August, the project party destroyed 2 million $CAKE tokens.
The new CAKE.PAD participation fee will be 100% destroyed, thereby strengthening deflation.
So is CAKE also going to start the flywheel effect???
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