Burns cooled off, but CAKE supply still shrank...
@PancakeSwap burned 480k $CAKE over the past week, worth about $1.27M, down 23% from the week before. Burns still outpaced new token issuance; the net supply shrank by 328k CAKE.
v3 pools led burns with 253k CAKE, and v2 pools added 188k, while the newer Infinity pools and products like perpetuals accounted for the remaining 40k CAKE.