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Mimi-

Can some admin explain me how buybacks work? And if

there is any place for check them? Thanks

#cake #cryptocurrency #de-fi #english
0

2 ответов

14 просмотров
Shinji-Ikari

I may not be 100% right but I’ll give it a crack. I think the term “buy-back” refers to the action of using money generated by fees and other various methods of money collected from users of the PancakeSwap platform to buy CAKE and “burn” it which is essentially sending it to a locked wallet, forever taking it out of circulation.

0
01.05.2022
Combot-
Shinji Ikari
I may not be 100% right but I’ll give it a crack. ...

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

0
01.05.2022

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