Pancakeswap’s new proposal proposes reducing the maximum supply of CAKE to 450 million coins

PancakeSwap has proposed a plan to reduce the total supply of CAKE tokens. The proposal suggests reducing the maximum supply of CAKE from the current 750 million to 450 million.There are several main reasons for implementing this adjustment, including providing certainty for future CAKE token supply to the community, accelerating the journey of CAKE, and ensuring flexibility for future growth.The proposal suggests reducing the current total supply of CAKE from 750 million to 450 million, a reduction of 300 million CAKE. PancakeSwap values community feedback before making the final proposal and will strive to incorporate any suggestions before the proposal is formally released.