PancakeSwap 2024 July Recap
Community
2024-08-12

Data Recap

PancakeSwap

  • Total Value Locked (TVL): 1.8B
  • Total Volume: $20.9B
  • Average Daily Volume: $675.7M
  • Unique Traders: 1.8M
  • Unique Onsite Users: 2.4M
  • veCAKE - Total CAKE Locked: 113,963,098
  • veCAKE - AVG Lockup Period: 50 (Weeks)

CAKE Token

  • Total burned: 35M CAKE ($86.2M)
  • Monthly Net Mint: -357,707
  • % of Supply Burned: -0.093%
  • N° of holders: 1,681,456 (MoM 1.04%)

*As our emissions and burn data are calculated and grouped by weeks, not months, the statistics above may not one-to-one reflect our “monthly burn”, and only serves as a guideline. For more information on our burns, please refer to our weekly burn post on our social channels.

Served In July

ETHGlobal Brussels: Have you seen the bunny head around? 🇧🇪

We're sure you've seen a giant bunny head making its rounds in Brussels. It's been a popular photo op at ETHGlobal Brussels, signaling that PancakeSwap has arrived in Brussels to share our passion and create unforgettable moments with the community.

We had a booth full of fun and merch, a workshop on building hooks in v4 led by our beloved Chef Mist, and, as you know, PancakeSwap v4 is the biggest upgrade to our DEX yet, planned for this Q3. In our quest to find the best builders, we hosted our second hackathon, featuring more than 20 teams participating! We invite you to check out the hackathon winners and their fascinating creations.

We're thrilled to expand our presence at more and more events with the entire PancakeSwap community. Where do you think we'll pop up next? Stay tuned!

Q3 Roadmap AMA

Q3 has arrived, and as always, we're excited to unveil our roadmap for the quarter straight from the kitchen. This time, it was extra special as we welcomed our new Head Chef, Chef Kids.

For over an hour, Chef Kids and the rest of the team shared a fun and insightful discussion about the future of PancakeSwap. You can catch the full recording on our YouTube channel, or read a shorter version on our blog!

At PancakeSwap, we love creating these spaces for the community to share feedback and get all their questions answered. We invite you to join us for the next AMA in the PancakeSwap kitchen

July Burn Report

As usual, every month we release the monthly burn report. With a Net Mint of -357,707 CAKE, July marks the 11th consecutive month of CAKE total supply reduction, with a cumulative -3,549,758 CAKE net mint.

We’ve extended our ZK Airdrop claiming period

We've extended the ZK claim period to 4th September 10:30am UTC. This will be the ONLY extension - all unclaimed tokens will return to PancakeSwap for future development.

You can find all the details about the extension and the ZK airdrop in general on our dedicated blog post. If you have any questions about the airdrop, please get in touch with us on our social channels.

PancakeSwap Athletic Games Campaign

Get ready for the thrill of a lifetime with the PancakeSwap Athletic Games campaign, running from July 22 to August 13! We're calling on all competitors to dive into a series of challenges where you can win USDT, exclusive merch, and unique NFTs.

This epic journey unfolds in three dynamic phases: kick things off by predicting the top 5 medal-winning countries in the 2024 Olympics, then join us daily on social media to predict event winners, and finally, compete to identify the athlete who will take home the most medals. The more you engage, the greater your chances of victory! Don't miss out—stay connected with PancakeSwap on social media for all the latest updates and join the action!

Introducing Pancake Lords - Our top content creators!

Our Ambassador Program is evolving and growing. We're excited to introduce Pancake Lords, a dedicated team of enthusiasts passionate about educating, engaging, and empowering our community.

We've made a first call to all interested parties and received over 600 submissions! If you have what it takes to be a PancakeLord, stay tuned to our social channels, as we will soon open more registrations for the program!

PancakeSwap x Allora Network Points Program

Following the successful launch of PancakeSwap's AI-powered prediction market on Arbitrum, surpassing $1M in volume and 8500 users predicting, we are excited to introduce the Allora x PancakeSwap points program. This initiative aims to reward the most engaged community members, enhancing the experience for those actively participating in PancakeSwap's AI-Prediction market.

Launched from July 25 to August 25, 2024, the program rewards community members for their engagement through on-chain and off-chain activities, with points awarded for prediction volume and accuracy, including bonuses for correct forecasts!

Thanks for reading! Join us on Twitter , Telegram, in our Discord server, or in our growing Reddit community!

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