Chef Mustard

1 posts

Chef Mustard

Chef Mustard

@chef_mustard

OP Bunny of PCS Be aware of fake profiles - verify me through https://t.co/j77qhu1PqT

Katılım Nisan 2023
6 Takip Edilen110 Takipçiler
Chef Mustard
Chef Mustard@chef_mustard·
@Markoos88 @PancakeSwap 1/ we did not burn eco fund. like we said in the AMA, it was not that we burned more, it was that the mint was lagged 2/ we did claim eco fund today, to remove the mismatch
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Markoos
Markoos@Markoos88·
@PancakeSwap I don't get it why did you re claim the eco system fund if you burned it? Like why burn it if you're going to reclaim it makes no sense.
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PancakeSwap
PancakeSwap@PancakeSwap·
🥞Weekly CAKE Stats 📉Net CAKE Mint: 2.24M CAKE 🥞CAKE Burned Product Breakdown: 🔥AMM V2: 137k CAKE ($269k) +1% 🔥AMM V3: 636k CAKE ($1.25M) +78 🔥Other Sources (Prediction, Perpetual, etc.): 91K ($179K) +21% 👉Proof of burn: bscscan.com/tx/0x62a1bd87d… 👇Insights on CAKE burn over the last 3 weeks 1. Mar 18 Report: 🔹5.5M CAKE minted 🔹9.3M CAKE burned 🔹Net Mint: -3.8M CAKE Key takeaway: 🔹 On March 17, no new CAKE was minted because the 3M CAKE had already been accumulated in the MasterChef v2 contract from the Ecosystem Growth Fund and sitting idle as unclaimed funds. 🔹 This 3M CAKE, which had been idle in the contract, was then transferred to the Burn Safe. It wasn’t new CAKE being minted — it was just previously accumulated and unclaimed CAKE from the Ecosystem Growth Fund. 2. Mar 24 Report: 🔹9.2M CAKE minted 🔹9.2M CAKE burned 🔹Net Mint: -3.4K CAKE Key takeaway: 🔹On March 24, we introduced a new burn report format, initially resulting in a reported net burn of -399K CAKE. However, after reviewing community feedback, the corrected net burn is now -3.4K CAKE. 3. Mar 31 Report: 🔹11.9M CAKE minted 🔹9.6M CAKE burned 🔹Net Mint: 2.2M CAKE Key takeaway: 🔹 We claimed the 3M CAKE from the Ecosystem Fund, which is now accounted for in this week’s burn report. This resulted in a notable increase in the total CAKE supply for this report. 🔹 However, it’s important to note that this increase is due to the 3M CAKE that had already been accumulated from the Ecosystem Fund, as detailed in the March 18 report, and not new CAKE that was minted. In summary: ✅ No additional or hidden mints ✅ Ecosystem Fund = Fuel for growth ✅ Will we develop an open-source Burn Dashboard to track all emissions and burns and corresponding on-chain transaction hashes
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