The proposal to reduce the maximum supply of CAKE tokens has been approved with 100% voting.

CAKE-2.81%

BlockBeats News, January 19 — According to official sources, the proposal to reduce the maximum supply of PancakeSwap's native token CAKE has been approved with 100% votes.

It is reported that the proposal suggests adjusting the maximum supply of CAKE from 450 million to 400 million. After the adjustment, the current circulating supply (approximately 350 million) still has a buffer of about 50 million between it and the new maximum supply (400 million).

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