Asset Expansion and Ecosystem Development - PancakeSwap introduced 10 new tokenized bStocks including Netflix, Super Micro, and Coherent, enabling 24/7 trading on BNB Chain [1] - Ondo's tokenized U.S. Treasury asset, USDY, launched on PancakeSwap via BNB Chain [1] - Squid ($QUID) went live on PancakeSwap, introducing a new QUID-USDC liquidity pool on Base [1] Tokenomics and Burn Dynamics - CoinMarketCap recognized CAKE as a structurally deflationary asset, with over 14.5% of its peak supply burned [1] - The weekly CAKE burn recap reported 496 thousand CAKE burned, valued at $705 thousand USD, resulting in a net emission of -345 thousand CAKE valued at -$490 thousand USD [1] Strategic Partnership and Incentives - PancakeSwap partnered with BNB Chain for the "Build the Era" hackathon to foster smarter-liquidity AI agents [1] - A trading competition featuring a total prize pool of 666.667 thousand $QUID was launched in collaboration with Squid [1] - Two new Syrup Pools launched with GRVT, allowing users to stake $GRVT to earn $CAKE, or stake $CAKE to earn $GRVT [1]
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