CAKE total supply:Sep 2023: 391.6M (peak)Today: ~334MSupply is down a net ~58M — more than 14.5% below its all-time peak — with more removed every week, as a share of every protocol fee is used to buy CAKE back and burn it onchain.Complete analysis from @CoinMarketCap → https://t.co/4udHqsQHeTNone (@None):1/ New deep dive: we took apart @PancakeSwap 's on-chain ledger. Supply, burns, fees, and how $​CAKE stacks up against every major DEX.The short version: CAKE is now a structurally deflationary asset (supp ...