PancakeSwap, the beloved decentralized exchange (DEX) on the BNB Chain, has once again shared its weekly stats on the CAKE token. Posted on X (formerly Twitter), the update comes with a hilarious animated video featuring their bunny mascot calmly enjoying a stack of pancakes amid a blazing inferno. It's a clever twist on the classic "this is fine" meme, emphasizing the "burn" aspect of token economics in a fun way.

If you're new to this, CAKE is PancakeSwap's native token, used for governance, staking, and earning rewards. Token burns are a mechanism where a portion of fees from trades and other activities are permanently removed from circulation, potentially boosting the token's value by reducing supply.

Here's a straightforward breakdown of the key numbers from the report:

Net CAKE Mint

• -753k CAKE (valued at -$2.72M)

This negative net mint means the CAKE supply actually decreased this week. More tokens were burned than created, leading to deflationary pressure that's often music to holders' ears.

Total Product Burns

• 894k CAKE ($3.24M), representing a -20% change from the prior week

Detailed Burn Breakdown

The burns are sourced from various PancakeSwap products. Here's how they stack up:

• AMM v2: 169k CAKE ($612k), down 37%
• AMM v3: 642k CAKE ($2.32M), down 14%
• AMM Infinity: 6.2k CAKE ($22.6k), down 54%
• Other Sources (including Prediction, Perpetual, and more): 77k CAKE ($277k), down 6%

These figures show that while burns are down across the board compared to last week, AMM v3 remains the powerhouse, contributing the lion's share.

For those who love digging into the details, PancakeSwap linked a proof of burn transaction on BSCScan and pointed to their Burn Dashboard for real-time tracking.

The post has sparked positive vibes in the community, with replies like "$CAKE TO THE MOON" and fire emojis lighting up the thread. It's clear that despite market fluctuations, the PancakeSwap ecosystem remains active and engaging.

At Meme Insider, we're all about keeping you in the loop on meme tokens with real utility like CAKE. Whether you're a DeFi pro or just dipping your toes into blockchain, these updates highlight how projects are building sustainable economics. Check out the original post on X and stay tuned for more crypto insights!