(53000000*100/2238306730) = 2.37% is my calculation. The total market cap right now is 2,238,306,730 and roughly 1 week ago they burned another 55 million dollars in Cake. So in less than one month they burned 5% of the total circulation!
You can read more about $CAKE in my other blogs, why I became such a big fan of it.
https://www.publish0x.com/fatdunsparce/pancakeswap-burned-today-a-whopping-248-percent-of-the-total-xmmvymd?a=J0dNxRmpaL
https://www.publish0x.com/fatdunsparce/pancakeswap-277-percent-upside-potential-huge-updates-coming-xglmlvl?a=J0dNxRmpaL
They are also going to welcome a new feature called Game of Truth:
Anyway these are just short updates. Most importantly is that they keep burning $CAKE now more often. There is still no maximum supply which means they can just print more anyway, but as for now the burning system (also automatic burns) makes sure that it does not get crazy. Besides the burns they come with pretty cool updates and I recommend you guys to check it out!
