PancakeSwap’s community vote passed unanimously to cut CAKE’s maximum supply to 400 million, providing a buffer above its current 350 million circulation.
On January 19, PancakeSwap’s governance proposal to reduce CAKE’s maximum supply from 450 million to 400 million tokens passed with 100% approval. The new cap leaves roughly a 50 million token buffer relative to the current circulation of 350 million CAKE. The decision, driven by unanimous community support, marks a revision in the platform’s tokenomics strategy and aims to manage future issuance more tightly.