According to official news, PancakeSwap stated in a statement that as of July 3, PancakeSwap had destroyed 0.101% of the total supply of CAKE tokens in June, and the total supply of CAKE has decreased for ten consecutive months.

In June, 997,924 CAKEs were minted and 1,386,355 CAKEs were destroyed. The net minting amount was -388,431 CAKEs, indicating that the amount of CAKE destroyed was more than the amount minted that month. #BTC☀