PancakeSwap Official Announces New Proposal to Adjust CAKE Max Supply from 4.5 Billion to 4 Billion

**January 13 Update: PancakeSwap Proposes Cutting CAKE Max Supply to 400M** Official sources confirmed on January 13 that the PancakeSwap team has unveiled a new proposal to reduce CAKE’s maximum supply from 450 million to 400 million. The team noted the adjusted cap will be sufficient to support all the protocol’s future development needs. While there’s a ~50 million token buffer between the current circulating supply (≈350 million) and the new 400 million max, the team expects this reserve won’t need to be accessed. It may only activate the buffer in special circumstances. Notably, Pancake’s ecosystem development fund continues to grow steadily, currently holding ~3.5 million CAKE. These reserves will be prioritized for protocol needs before any additional emissions are considered—meaning the protocol is unlikely to return to an inflationary state.