As promised, today we're looking at CAKE! CAKE is a cool token that incentivizes liquidity provision on PancakeSwap. Users can earn CAKE rewards from farming but also stake CAKE and earn more.

This chart depicts CAKE holders and their respective balances, excluding the top 4 addresses which hold over 90% of these tokens -> the burn address, master staking contract, and reserves. So far over 140 million CAKE tokens have been burned!