RT None (@None)Has PancakeSwap delivered a masterclass in deflation?The supply of @PancakeSwap's $CAKE token is down nearly -15% from all-time high supply.That works out to a reduction of 58M $CAKE tokens since Q3 2023, those tokens currently worth more than $94M.A share of every protocol fee is used to buy $CAKE from the market and burn it... a strategy that clearly works. ...

RT None (@None)PancakeSwap CAKE supply down 58M tokens to 334M, 14.5% deflation via protocol fee buyback-and-burn since Sep 2023. https://t.co/dGrRa5KgYx ...

RT None (@None)JUST IN: PancakeSwap burns nearly $1 million worth of $CAKE556,000 tokens valued at roughly $812,000 were permanently removed last week https://t.co/ya6xavwtyh ...

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 ...