Will cake become deflationary at any point?

Question

PancakeSwap

Hintoforegona

Will cake become deflationary at any point?

#cake #cryptocurrency #de-fi #english

0

18.02.2023

2 ответов

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Combot

🥞 Hai Tien | Never DM You First 🔮
At the beginning all 40 cake per block were enteri...

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

0

18.02.2023

🥞 Hai Tien | Never DM You First 🔮 · Accepted Answer

At the beginning all 40 cake per block were entering into the circulation, and burning mechanisms were introduced, which we are now down to 9.9 cake per block and all other 30.1 is burned. Currently there is 687M cake which are burned as of the moment are not from the total supply. Which they later also introduced burning mechanisms along with that cap supply of 750M and reducing emissions per block which the emission is currently at 9.1 per block out of 40 meaning. 30.1 cake per block is sent to the burn pool which makes it (30.1 * 28800 block per day on BnB chain * 7) = 6,068,160 cake is burned weekly only from emissions without the burning mechanisms from different products like, 20% of each Lottery round, 3% of each prediction round, all allocation bided in the farm auctions, 0.05% fees per txns in V2 exchange, all fees used in creating profiles, 2% fees of maintenance collected in vault (cake auto pool), 0.07% per open positions in pancakeswap perpetuals and more to come (so only this is what is taken from the circulating supply) as the goal is to have emission neutral. So per the current emission rate we still have more than 3 years runway to reach our max supply of 750M. So it would make sense to say that in the bull run more will be burned as the volume across all the products that have burning mechanisms and more to be introduced to the list. More tools to measure it https://www.reddit.com/r/pancakeswap/comments/z0zjfq/cake_supply_monitor_0048_20221121/?utm_source=share&utm_medium=android_app&utm_name=androidcss&utm_term=1&utm_content=share_button (not updated yet) Read about the emission rate and deflationary mechanics here: CAKE Tokenomics https://docs.pancakeswap.finance/tokenomics/cake/cake-tokenomics/ Here is also the cake litepaper https://v2litepaper.pancakeswap.finance/ So the key take away is to always reference on pancakeswap main site for accurate data for it's token tokenomics. Other platforms sometimes include the burned tokens or not updates their date yet which can be quite misleading. Reddit r/pancakeswap on Reddit CAKE Supply Monitor - 0048 - 20221121

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Will cake become deflationary at any point?

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