A governance proposal from a leading DEX platform has been successfully approved — the maximum supply of the CAKE token will be reduced from 450 million to 400 million.
What does this adjustment mean? Currently, approximately 350 million CAKE are in circulation, and the new cap is set at 400 million, leaving a buffer of 50 million. However, the team has explicitly stated that this buffer is not expected to be used.
It is worth noting that the protocol has accumulated about 3.5 million CAKE so far. This tightening of supply reflects the project's meticulous management of token economics — reducing the maximum supply to optimize scarcity while maintaining some flexibility to accommodate future development needs. For ecosystem participants, this is a positive signal.
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governance_ghost
· 10h ago
Reduce by 50 million tokens, this move is still somewhat interesting, but whether those 50 million will really stay untouched depends on what happens next.
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ContractHunter
· 10h ago
Reducing 50 million tokens sounds good, but the real key is whether the 3.5 million tokens accumulated are enough to support the ecosystem.
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It's the old trick of expecting a price surge due to deflationary expectations again. Let's wait and see how they handle it later.
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Say there's no need for buffering, I don't believe you. Keeping it is just keeping it, don't pretend.
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Tightening supply = increased scarcity, the logic makes sense, but the key is whether trading volume can keep up.
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Why does this update feel a bit like a false start? The anticipation was so high, and this is all we get?
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The 50 million tokens buffer space is just a smokescreen, an old routine.
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RugPullAlarm
· 10h ago
50 million buffer space "not in use"? Uh... then why keep it? Let's see what on-chain data has to say.
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UncleWhale
· 10h ago
Reduce the supply by 50 million tokens, sounds good, let's see if it can really hold up later.
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staking_gramps
· 10h ago
Reducing the supply sounds good, but whether it can actually boost the market depends on subsequent operations.
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ThatsNotARugPull
· 10h ago
I've seen the tactic of reducing supply many times before. No need for a 50 million buffer? Then you're really determined.
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ColdWalletGuardian
· 10h ago
Playing the deflation game again, saying there's no need to buffer, just go ahead and use it.
A governance proposal from a leading DEX platform has been successfully approved — the maximum supply of the CAKE token will be reduced from 450 million to 400 million.
What does this adjustment mean? Currently, approximately 350 million CAKE are in circulation, and the new cap is set at 400 million, leaving a buffer of 50 million. However, the team has explicitly stated that this buffer is not expected to be used.
It is worth noting that the protocol has accumulated about 3.5 million CAKE so far. This tightening of supply reflects the project's meticulous management of token economics — reducing the maximum supply to optimize scarcity while maintaining some flexibility to accommodate future development needs. For ecosystem participants, this is a positive signal.