PancakeSwap (@PancakeSwap): 🥞Weekly CAKE Stats
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- CAKE-10Negative
🥞Weekly CAKE Stats 📉Net CAKE Mint: 2.24M CAKE 🥞CAKE Burned Product Breakdown: 🔥AMM V2: 137k CAKE ($269k) +1% 🔥AMM V3: 636k CAKE ($1.25M) +78 🔥Other Sources (Prediction, Perpetual, etc.): 91K ($179K) +21% 👉Proof of burn: bscscan.com/tx/0x62a1bd87d… 👇Insights on CAKE burn over the last 3 weeks 1. Mar 18 Report: 🔹5.5M CAKE minted 🔹9.3M CAKE burned 🔹Net Mint: -3.8M CAKE Key takeaway: 🔹 On March 17, no new CAKE was minted because the 3M CAKE had already been accumulated in the MasterChef v2 contract from the Ecosystem Growth Fund and sitting idle as unclaimed funds. 🔹 This 3M CAKE, which had been idle in the contract, was then transferred to the Burn Safe. It wasn’t new CAKE being minted — it was just previously accumulated and unclaimed CAKE from the Ecosystem Growth Fund. 2. Mar 24 Report: 🔹9.2M CAKE minted 🔹9.2M CAKE burned 🔹Net Mint: -3.4K CAKE Key takeaway: 🔹On March 24, we introduced a new burn report format, initially resulting in a reported net burn of -399K CAKE. However, after reviewing community feedback, the corrected net burn is now -3.4K CAKE. 3. Mar 31 Report: 🔹11.9M CAKE minted 🔹9.6M CAKE burned 🔹Net Mint: 2.2M CAKE Key takeaway: 🔹 We claimed the 3M CAKE from the Ecosystem Fund, which is now accounted for in this week’s burn report. This resulted in a notable increase in the total CAKE supply for this report. 🔹 However, it’s important to note that this increase is due to the 3M CAKE that had already been accumulated from the Ecosystem Fund, as detailed in the March 18 report, and not new CAKE that was minted. In summary: ✅ No additional or hidden mints ✅ Ecosystem Fund = Fuel for growth ✅ Will we develop an open-source Burn Dashboard to track all emissions and burns and corresponding on-chain transaction hashes