{"id":61368,"date":"2022-05-12T17:14:41","date_gmt":"2022-05-12T14:14:41","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=61368"},"modified":"2025-09-05T11:45:46","modified_gmt":"2025-09-05T08:45:46","slug":"pancakeswap-caps-cake-supply-at-750-million-tokens","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/pancakeswap-caps-cake-supply-at-750-million-tokens\/","title":{"rendered":"PancakeSwap caps CAKE supply at 750 million tokens"},"content":{"rendered":"<p>The DeFi community behind PancakeSwap on the BNB Chain backed changes to the tokenomics, the key feature of which will be a cap on the supply of the governance token CAKE at 750 million tokens.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\uddf3\ufe0f\ud83c\udf89 Wow! <\/p>\n<p>You, our community, overwhelmingly supported our latest proposal, and we will be working hard to build and deliver on PancakeSwap\u2019s future.<\/p>\n<p>We will be hosting an AMA later today at 13:00 UTC \u2013 not just on tokenomics \u2013 so do join us if you can. <a href=\"https:\/\/t.co\/cM6RyF2Y1P\">pic.twitter.com\/cM6RyF2Y1P<\/a><\/p>\n<p>\u2014 PancakeSwap \ud83e\udd5e #BSC (@PancakeSwap) <a href=\"https:\/\/twitter.com\/PancakeSwap\/status\/1524692649017769985?ref_src=twsrc%5Etfw\">May 12, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Votes in favour totaled 98.8% of the votes.<\/p>\n<p>The PancakeSwap team said that the proposed upgrade &#8220;will boost the profitability of the <span data-descr=\"Initial Farm Offering, initial farming offering\" class=\"old_tooltip\">IFO<\/span> and <a href=\"https:\/\/u1f987.com\/en\/news\/yield-farming-theory-and-practice\">yield farming<\/a> of the locked CAKE.&#8221; The developers plan to implement the changes &#8220;in the near term.&#8221;<\/p>\n<p>As of writing, there are more than 296 million CAKE in circulation (<a href=\"https:\/\/www.coingecko.com\/ru\/%D0%9A%D1%80%D0%B8%D0%BF%D1%82%D0%BE%D0%B2%D0%B0%D0%BB%D1%8E%D1%82%D1%8B\/pancakeswap\">CoinGecko<\/a>). The plan is for the full issuance to end within three years.<\/p>\n<p>Chef Icy, the project\u2019s business development lead, told Cointelegraph that the timeframe is a conservative estimate based on a release of 14.25 tokens per block. In reality, due to regular burns, the effective per-block emission is about 10.5 CAKE. Based on this, the full issuance would take around 4.5 years, Chef Icy assessed.<\/p>\n<p>Uniswap, the platform that PancakeSwap largely copied, <a href=\"https:\/\/u1f987.com\/en\/news\/uniswap-launches-uni-governance-token\">released the UNI token<\/a> in 2020 with an initial supply of 1 million coins.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The DeFi community behind PancakeSwap on the BNB Chain backed changes to the tokenomics, with a key feature of which will be a cap on the supply of the governance token CAKE at 750 million.<\/p>\n","protected":false},"author":1,"featured_media":61369,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1446,1258,596],"class_list":["post-61368","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-pancakeswap","tag-tokenomics","tag-tokens"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61368","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=61368"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61368\/revisions"}],"predecessor-version":[{"id":61370,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61368\/revisions\/61370"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/61369"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=61368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=61368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=61368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}