Do you know - How Chefs execute CAKE buyback and burn from trading fees. For each trade, a 0.
18 Aug 2022, 13:38
📖💡 Do you know - How Chefs execute CAKE buyback and burn from trading fees?
For each trade, a 0.08% fee will be accumulated in the form of LP tokens. Chefs will periodically break those LPs and perform trades for CAKE buyback and burn
Nothing is “hacked”, LPs are SAFU 👀