PancakeSwap is a decentralized financial (DeFi), application that was built on Binance Smart Chain. It’s well-known for its automated market maker service (AMM) and quirky branding. PublishedGovernance proposal for its second tokenomics roadmap iteration.

The centerpiece of the lite paper’s new version suggested an imposed supply cap on the project’s native token, PancakeSwap (CAKE). Current circulating supply is 293.4 Million, as per quantitative data verified CoinMarketCap. However, the paper suggested a maximum number of 750,000,000.