:pancakes: PancakeSwap February Recap

By PancakeSwap
Mar 18, 2024, 5:01 PM
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PancakeSwap had its sixth consecutive month with negative mint.​ Discussions on affiliate programs and the launch of veCAKE on Base.​ Nemesis Downfall Beta also launched.​ PancakeSwap is an official partner at ETHGlobal London from March 15-17 at The Truman Brewery.​

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Trust Wallet and B² Network Host Security and Bitcoin Scaling AMAs

Trust Wallet and B² Network Host Security and Bitcoin Scaling AMAs

Two educational AMAs focus on **Web3 security** and **Bitcoin utility** this week. **Trust Wallet AMA** - Trust Squad discusses crypto safety practices - September 7, 5:00 PM IST - Platform: [Telegram](http://t.me/PancakeSwap_India) **B² Network AMA** - BD Director explores Bitcoin scaling solutions - September 10, 8:00 AM UTC - Platform: [X Spaces](http://x.com/i/spaces/1djxXWbqeeoJZ) Both sessions welcome community questions and aim to educate users on practical Web3 topics.

Base Hits $10.71B Trading Volume in August

Base Hits $10.71B Trading Volume in August

**Base achieved a major milestone** with $10.71 billion in trading volume during August, marking back-to-back monthly all-time highs. The Layer 2 network continues its **rapid growth trajectory**, building on previous momentum that saw significant increases in decentralized exchange activity. - August volume represents continued acceleration for the Coinbase-backed network - Consecutive monthly records demonstrate sustained user adoption - Trading activity reflects growing confidence in Base's infrastructure This performance solidifies Base's position as a **leading Layer 2 solution** in the competitive scaling landscape.

PancakeSwap Completes Third CAKE Airdrop for Coinbase One Members

**PancakeSwap has completed its third CAKE token airdrop** for Coinbase One members as part of Round 2 of their partnership program. **How to participate:** - Be a Coinbase One member - Trade $100+ on PancakeSwap - Use Base, BNB Chain, or Arbitrum networks - Earn CAKE tokens every 2 weeks The program continues to reward active traders who meet the minimum trading threshold. This marks the latest distribution in PancakeSwap's ongoing effort to provide onchain benefits to Coinbase's premium subscribers. [Learn more about the program](http://blog.pancakeswap.finance/articles/pancake-swap-adds-onchain-benefits-for-coinbase-one-members-8-453-cake-airdrops-every-2-weeks)

Trading Competition Concludes with 2,040 Winners

A trading competition has concluded with **2,040 random winners** receiving project tokens as rewards. - Winners are advised to check their wallets to confirm receipt - Tokens were distributed to lucky participants selected randomly - Another trading competition is planned for the near future This follows a previous contest in May that distributed 1M $PRINT tokens to winners. The platform continues to run regular trading competitions as engagement incentives. *Check your wallet now to see if you're among the winners.*

PancakeSwap Burns 2.7M CAKE Tokens in August, Achieving 24th Consecutive Month of Supply Reduction

PancakeSwap Burns 2.7M CAKE Tokens in August, Achieving 24th Consecutive Month of Supply Reduction

**PancakeSwap continues deflationary trend** with August burning 2,730,893 CAKE tokens while minting only 674,316. **Key metrics:** - Net reduction: 2,056,577 CAKE tokens - Supply burned: 0.567% of total - **24 consecutive months** of supply reduction - Cumulative net reduction: **26.2 million CAKE** This sustained deflationary mechanism demonstrates PancakeSwap's commitment to token value preservation through consistent supply management. [Read full burn report](https://blog.pancakeswap.finance/articles/august-2025-pancake-swap-s-cake-burn)