Im gonna share some maths that I did on discord

Question

Im gonna share some maths that I did on discord

price group for every one that is panic selling or worried about price.

8.2M of CAKE minted per week, last burns were of 6.7M of CAKE (3 last weeks atleast). So we have a clean emission of 1.5M CAKE. But now we have 60.7M on locked staking. What it means? Well there are 288k CAKES minted daily that goes to this pool. It means 2M of CAKES per week. So we have more than 50% of CAKES locked on this pool, so it means 50% of rewards (we know its more than 50%) are locked too, so 1M of minted cake is locked. We got 8.2M emission - 6.7M burn - 1M locked = 0.5M emission. But well we know the locked is not 1M but cant confirm it without tokenomics, so we can say the emission right now is neutral. In addition we can say too there is like 50% of current circulation supply on locked+old pools.

#cake #cryptocurrency #de-fi #english

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26.04.2022