CAKE Token Max Supply Reduction Proposal Has Received 100% Vote Approval

On January 19, official sources confirmed that a proposal to cut the maximum supply of PancakeSwap’s native token CAKE passed with 100% support in the vote. The proposal calls for reducing CAKE’s max supply from 450 million to 400 million. Post-adjustment, there will still be roughly 50 million tokens in buffer between the current circulating supply (around 350 million) and the new 400 million cap.