27-04-2023 22:00 via newsbtc.com

PancakeSwap (CAKE) Plummets 24% Amidst Debate Over Reduced Staking Rewards

PancakeSwap (CAKE) token holders have been on a roller coaster ride as stakers brace for reduced rewards. The community is debating a change in the token’s economic model.
Over the past week, governance token, CAKE, has suffered a continuous downward trend, dropping by 24%. Though the proposed change appears favorable to PancakeSwap, the heated debate has impacted the token’s value. 
Community Debate Over Slashed Staking Rewards
PancakeSwap is a decentralized exchange (DEX) buil
Read more »