X @PancakeSwap

CAKE Token Burn Analysis - Net CAKE mint was negative, indicating a burn of 415k CAKE, equivalent to $1.08 million [1] - This suggests a deflationary mechanism at play for CAKE token [1] Burn Source Breakdown - AMM v2 contributed 164k CAKE burned, representing $425k, a 62% increase [1] - AMM v3 contributed 316k CAKE burned, representing $820k, a 23% decrease [1] - AMM Infinity contributed 4500 CAKE burned, representing $11700, an 11% decrease [1] - Other sources (Prediction, Perpetual, etc) contributed 83k CAKE burned, representing $216k, a 15% increase [1] Financial Implication - The burn mechanism is designed to reduce the total supply of CAKE, potentially increasing its value [1] - The varying contributions from different sources indicate shifts in platform usage and tokenomic effects [1]