V3 launch
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PancakeSwap destroyed about $27 million of CAKE tokens today
On March 6, PancakeSwap, a decentralized trading platform, destroyed about $27 million of CAKE tokens (7153999) today, including the fees earned from PancakeSwap’s trading, lottery, NFT market and forecast market. In addition, PancakeSwap will launch V3 in the first week of April, and will launch air drop and NFT activities. Interpretation of this information: PancakeSwap, a decentralized trading platform, has recently burned about $27 million worth of CAKE tokens, which include the fees earned from its different markets such as trading, lottery, NFT, and forecast market. This means that the…
