CONTENT
The proposal notes that since the approval of Tokenomics 3.0 in April 2025 and the removal of the veCAKE model, daily emissions have fallen from around 40,000 $CAKE to approximately 22,500, resulting in an annual net burn of about 8.19%. Circulating supply has declined from 380 million to roughly 350 million CAKE, maintaining a deflationary trend.
The team argues that a 400 million cap is sufficient to support long-term growth, with the ecosystem growth fund still holding around 3.5 million CAKE, making a return to inflation unlikely.
WRITER’S INTRO
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