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... 🤷🏻♂️
I always think of that but not sure on the graph as an expected change.
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.
There is a weekly token burn every Monday (NO SPECIFIC TIME). Read about the emission rate and deflationary mechanics here: CAKE Tokenomics
They say on every monday that they burnt as a new Record high, huh.??
There is a weekly token burn every Monday (NO SPECIFIC TIME). Read about the emission rate and deflationary mechanics here: CAKE Tokenomics
You can observe it yourself via announcement channel.
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...
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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