Overview

• CAKE jumped about 14% to roughly $3.90 as reported trading volumes on PancakeSwap climbed 169% to more than $663 million.
• CAKE.PAD lets users join early token events by committing CAKE from non‑custodial wallets with no staking or lock‑ups, then claim tokens when events end.
• All participation fees on CAKE.PAD will be permanently burned under Tokenomics 3.0, supporting targets of roughly 4% annual deflation and a 20% supply cut by 2030.
• When sales are oversubscribed, PancakeSwap will apply a tiered subscription tax with rates that decrease as oversubscription rises.
• PancakeSwap has not announced timelines or the first projects for CAKE.PAD, and coverage describes the platform as multi‑chain.