PancakeSwap January Monthly Recap

By PancakeSwap
Feb 19, 2024, 5:02 PM
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PancakeSwap deployed veCAKE Gauges on Linea & Polygon zkEVM, introduced vote incentives via Stake DAO and Hidden Hands, celebrated its birthday, launched Cakepie cIFO, and made PancakeSwap Prediction live on Arbitrum & zkSync Era.​ An upcoming veCAKE update promises to increase CAKE rewards while a gaming marketplace expansion hints at an exciting new game launch.​

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PancakeSwap Launches CAKE.PAD Mini App on Base

PancakeSwap Launches CAKE.PAD Mini App on Base

PancakeSwap has integrated its **CAKE.PAD mini app** into Base's ecosystem, expanding access to its token launch platform. **What is CAKE.PAD?** - Formerly known as IFO (Initial Farm Offering) - Provides early access to new tokens before exchange listings - No staking or lock-up requirements - Users commit CAKE tokens to claim new tokens **Key Features:** - Increases CAKE token utility - Contributes to CAKE token burns - Exclusive events planned for Base users The integration marks PancakeSwap's continued expansion across multiple chains, bringing its launchpad functionality to the Base network. [Access CAKE.PAD on Base](https://base.app/app/https://pancakeswap.finance/cakepad-base)

PancakeSwap Hosts AMA with Cyfrin on Infinity Security and Audit Practices

PancakeSwap Hosts AMA with Cyfrin on Infinity Security and Audit Practices

PancakeSwap is hosting an AMA session with **Cyfrin Audits** to discuss security practices and auditing processes. **Key Details:** - Focus on PancakeSwap Infinity platform security - Discussion of audit methodologies and best practices - Scheduled for February 12, 12:00 PM UTC - Live on X Spaces: [Join here](https://x.com/i/spaces/1eaKbjWlyloKX) This follows a previous security-focused AMA in June 2025, where PancakeSwap discussed Infinity's security architecture with multiple auditing firms including Hexens, Zellic, and Cyfrin. The session aims to provide transparency around the platform's security measures and share insights on DeFi safety practices.

PancakeSwap Expands DeFi Operations to Solana Ecosystem

PancakeSwap Expands DeFi Operations to Solana Ecosystem

PancakeSwap announced its expansion to the Solana blockchain during a DeFi panel at Solana Conference Accelerate in Hong Kong. **Key Points:** - BD representative DYOR_WAGMI presented PancakeSwap's integration strategy with Solana - The expansion positions PancakeSwap as part of what panelists called "The Execution Layer for Global Finance" - This marks another chain addition for the multichain DEX platform The move continues PancakeSwap's strategy of deploying across multiple blockchain networks to increase accessibility to decentralized finance services.

PancakeSwap Burns 948k CAKE Tokens Worth $1.3M in Weekly Report

PancakeSwap reported a net reduction of 795,000 CAKE tokens ($1.09M) in its latest weekly statistics, with total product burns reaching 948,000 CAKE ($1.30M), marking a 22% increase. **Burn breakdown by platform:** - AMM v2: 498k CAKE ($684k) - up 11% - AMM v3: 317k CAKE ($435k) - up 54% - AMM Infinity: 31.7k CAKE ($44k) - up 47% - Other sources: 101k CAKE ($138k) - down 1% The burns are verified on-chain with [transaction proof](https://bscscan.com/tx/0x6472adad6369ee67dadacc981bd3c22c3220566dabf5e13d4b6a2b892ab5c22f) available on BscScan. This follows January's burn report showing 3.46M tokens burned against 674k minted, resulting in a net reduction of 2.79M CAKE (0.805% of total supply).

PancakeSwap Achieves 27 Consecutive Months of CAKE Supply Reduction

**PancakeSwap continues deflationary streak** with 27 straight months of net CAKE supply reduction in November. **Key November highlights:** - Burned 4.47M CAKE tokens while minting only 652K - Net reduction of 3.82M tokens (-1.086% of total supply) - Deflation driven by trading fees, lottery, predictions, and CAKE.PAD **Platform expansion:** - Launched on Monad network with faster trades and lower fees - Added v2 + v3 liquidity provisioning - Integrated Zap feature in Infinity for one-click liquidity **Global community growth:** - Hosted meetups in Nigeria, Hong Kong, and Vietnam - Over 300 attendees across three events The sustained token burn demonstrates PancakeSwap's commitment to creating deflationary tokenomics through platform utility.