CAKE Plunges 15% Amid Mass Unlocks; CEO Says ‘Sky-High Yields’ Are History
Pancakeswap’s native token (CAKE) has plummeted to $2.83 from roughly $3.33 in the last 24 hours — down over 15% at press time.
PancakeSwap Leaders Propose Cutting CAKE Token Inflation Target to 3%-5%
Project leads at the decentralized crypto exchange PancakeSwap on Tuesday proposed lowering the inflation rate target for its native CAKE token to 3-5%, a drastic cut from its current rate above 20%.
