Understand the issuance price and total issuance of CAKE coins in one article

The initial issuance price of CAKE coins was $0.50, with a total issuance of 750 million coins, allocated to the community, founding team, and PancakeSwap Treasury.

Oct 30, 2024 at 06:42 pm

Understanding the Issuance Price and Total Issuance of CAKE Coins

1. Issuance Price

The initial issuance price (IDO price) of CAKE coins was $0.50.
The IDO was held on September 1, 2020.

2. Total Issuance

The total issuance of CAKE coins is 750 million.
Out of this total issuance:
- 400 million CAKE coins were distributed to the community through liquidity pools, airdrops, and yield farming rewards.
- 250 million CAKE coins were allocated to the founding team, partners, and investors.
- 100 million CAKE coins were set aside for the PancakeSwap Treasury.

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