According to ChainCatcher, the PancakeSwap governance forum shows that the PancakeSwap team has proposed reducing the maximum supply of CAKE tokens from 450 million to 400 million.
The PancakeSwap team stated that CAKE has been in a deflationary state since September 2023, and this trend is expected to continue. The team has accumulated approximately 3.5 million CAKE as an ecosystem growth fund, which will be prioritized for the protocol's development needs, making it unlikely that the protocol will revert to an inflationary state.
The proposal will go through a voting phase after community discussion. If passed, it will reduce the maximum supply of CAKE by 50 million.
