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Cake burns generally effects on monday, right?

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There is a weekly token burn every Monday (NO SPECIFIC TIME). Read about the emission rate and deflationary mechanics here: CAKE Tokenomics

It happens on mondays. But I've never seen any effect on the price personally... 🤷🏻‍♂️

Jack-Y Автор вопроса
Ivan
It happens on mondays. But I've never seen any eff...

I always think of that but not sure on the graph as an expected change.

Ivan
It happens on mondays. But I've never seen any eff...

Burning doesn't mean the price will increase as your expectations. Because burning is not only the factors that decide token price. It can take effect at long run.

Ceddi || Cake Midas
Burning doesn't mean the price will increase as yo...

There is a weekly token burn every Monday (NO SPECIFIC TIME). Read about the emission rate and deflationary mechanics here: CAKE Tokenomics

Jack-Y Автор вопроса
Ceddi || Cake Midas
Burning doesn't mean the price will increase as yo...

They say on every monday that they burnt as a new Record high, huh.??

Jack Y
They say on every monday that they burnt as a new ...

There is a weekly token burn every Monday (NO SPECIFIC TIME). Read about the emission rate and deflationary mechanics here: CAKE Tokenomics

Jack Y
They say on every monday that they burnt as a new ...

You can observe it yourself via announcement channel.

Ceddi || Cake Midas
Burning doesn't mean the price will increase as yo...

I don't agree with you. The burnt CAKE should be some buybought tokens. And I've never seen any pump during the buyback, and I feel a little bit surprised about this...

Ivan
I don't agree with you. The burnt CAKE should be s...

There is a weekly token burn every Monday (NO SPECIFIC TIME). Read about the emission rate and deflationary mechanics here: CAKE Tokenomics

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