This week, CAKE burned 520,000 tokens. Seeing this data, my first reaction was: this burn pace is really not what I want. If it were a raging bull market, I would definitely want to see more aggressive deflation to boost valuation. But rationally, given the current environment of stockpile battles and frequent price swings, project teams maintaining a steady and cautious burn rate by stepping on the brakes is indeed the best approach right now. Having enough buffer funds is more important than blindly pumping and deflating.

As for many people's期待 for CAKE's RWA project, hoping it will push the market cap to hundreds of billions... Honestly, I feel it's too unlikely. RWA is a deep water project; traditional finance has high compliance thresholds and slow asset expansion, so expecting it to turn things around overnight is unrealistic. It can only be seen as a long-term pie-in-the-sky.

What truly gives me hope for a breakthrough is the project's focus on AI contracts. The current DEX scene has long been competitive, with AMM and basic mining reaching saturation. In a mature market, old-school DeFi needs to find a "third growth space," and AI is undoubtedly the most promising breakthrough right now.

PancakeSwap has a solid technical foundation. If the team can step up and rapidly iterate the app, running AI contracts on the existing infrastructure should be smooth. Truly integrating AI with DeFi—such as using AI smart contracts for dynamic rebalancing, automated risk-free arbitrage, or adjusting liquidity strategies based on market sentiment—would be a revolutionary upgrade.

RWA can be slowly developed, but the window for AI contracts won't wait. In a mature market, success depends on who can implement new business models the fastest, securing a ticket for the next cycle. I hope CAKE's AI efforts will really make a difference this time! 🤞$CAKE