pancakeswap update Archives - Coin Engineer https://coinengineer.net/blog/tag/pancakeswap-update/ Btc, Coins, Pre-Sale, DeFi, NFT Wed, 26 Mar 2025 12:58:16 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png pancakeswap update Archives - Coin Engineer https://coinengineer.net/blog/tag/pancakeswap-update/ 32 32 PancakeSwap Now Shows CAKE Burn: Supply Reduced by 0.12%! https://coinengineer.net/blog/pancakeswap-now-shows-cake-burn-supply-reduced-by-0-12/ https://coinengineer.net/blog/pancakeswap-now-shows-cake-burn-supply-reduced-by-0-12/#respond Wed, 26 Mar 2025 15:00:47 +0000 https://coinengineer.net/blog/?p=39103 PancakeSwap now presents net CAKE burn data, clearly showing how the supply is changing. With the recent update, the information about how much CAKE has been burned and how much new CAKE has been minted is now clearly stated. This transparency provides investors with a better understanding of how the supply is actually changing. You

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]]> PancakeSwap now presents net CAKE burn data, clearly showing how the supply is changing. With the recent update, the information about how much CAKE has been burned and how much new CAKE has been minted is now clearly stated. This transparency provides investors with a better understanding of how the supply is actually changing.

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According to the latest update, as of March 24, 2025, approximately 339K CAKE was burned, reducing the supply by 0.12%. This creates a deflationary effect for CAKE, which could have a positive long-term impact on the price.

pancakeswap

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Additionally, developments regarding PancakeSwap’s Ecosystem Growth Fund (3.8 million CAKE) have also drawn attention. Binance CEO CZ commented on the developments, saying, “It’s always good to see deflation,” highlighting the importance of supply reduction.

After the news, the CAKE price saw a 3% increase, rising from $2.38 to $2.45, but it quickly dropped back to $2.38 due to selling pressure.

In summary, the new data showing PancakeSwap’s net CAKE burn is an important development in terms of reducing supply and its deflationary effects. However, short-term price fluctuations and selling pressure are ongoing.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post PancakeSwap Now Shows CAKE Burn: Supply Reduced by 0.12%! appeared first on Coin Engineer.

]]> https://coinengineer.net/blog/pancakeswap-now-shows-cake-burn-supply-reduced-by-0-12/feed/ 0 PancakeSwap Announces V4 Update https://coinengineer.net/blog/pancakeswap-announces-v4-update/ https://coinengineer.net/blog/pancakeswap-announces-v4-update/#respond Fri, 20 Sep 2024 18:00:41 +0000 https://coinengineer.net/blog/?p=29619 PancakeSwap has announced its v4 update after reaching $836 billion in trading volume in its four years of operation. This update aims to address the shortcomings of the current automated market maker (AMM) model by increasing liquidity provision, interoperability, and scalability. The platform stated that it has a total locked value (TVL) of $1.72 billion

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]]> PancakeSwap has announced its v4 update after reaching $836 billion in trading volume in its four years of operation. This update aims to address the shortcomings of the current automated market maker (AMM) model by increasing liquidity provision, interoperability, and scalability.

The platform stated that it has a total locked value (TVL) of $1.72 billion by serving 43 million unique wallet addresses. However, it was noted that TVL has been decreasing since the peak of $7.16 billion in May 2021 and has continued to decline to date, with TVL reaching $2.42 billion in March 2024.

PancakeSwap v4 Update and Innovations

PancakeSwap v4 aims to provide users with a better trading experience by offering advanced trading tools, flexible pricing models, and lower gas fees. The update aims to increase capital efficiency for liquidity providers and close the trading feature gap between decentralized exchanges (DEX) and centralized exchanges (CEX).

Chef Kids, one of the leaders of PancakeSwap, told Cointelegraph that with v4, they aim to address the flexibility issues of automated market makers (AMMs), limited trading features, and issues such as impermanent loss for liquidity providers. He also added that they plan to offer lower gas fees to reduce users’ transaction costs with the update.

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Kids stated that PancakeSwap v4 will help increase trading volume and platform revenues by providing more participation and deep market conditions for liquidity providers.

With this major update, PancakeSwap aims to further increase user experience and trading volume in the decentralized finance (DeFi) space.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

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