PancakeSwap TVL Jumps $380M as Fee Overhaul Goes to Vote
6 Articles
6 Articles
PancakeSwap TVL Surges 19% to $2.4 Billion Following Fee Overhaul Vote Launch
TL;DR PancakeSwap’s TVL increased nearly 19% in one week, reaching $2.4 billion after adding approximately $380 million. The community has begun voting on a proposal that would increase liquidity providers’ share of trading fees to 88% and reduce CAKE emissions by 69%. CAKE is trading at around $2.25, up 2.5% over the past 24 hours, ...
PancakeSwap's TVL rose nearly 19% in a week and reached $2.4 billion, while its users vote for a proposal that would increase the share of liquidity providers in tariffs and reduce CAKE's emissions.
PancakeSwap TVL Surpasses $380M Ahead of Fee Overhaul Vote
PancakeSwap’s TVL has jumped nearly 19% in a week, rising by roughly $380 million as the decentralized exchange prepares for a governance-driven change to how it routes trading fees to liquidity providers. According to DeFiLlama, PancakeSwap’s total value locked reached about $2.4 billion on Wednesday, up from approximately $2.02 billion on Oct. 14. The increase [...]
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