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PancakeSwap to keep stablecoin fees in stablecoins, boosting treasury efficiency and preserving CAKE burn.

Protocol Fundamentals
12 Jun 2026
Crypto Briefing
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Neutral
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PancakeSwap's development team proposed a change to keep fees from stablecoin pools in their original stablecoin form instead of converting them into CAKE tokens. This move affects all PancakeSwap products and aims to reduce conversion costs while maintaining about 29% of treasury revenue in stablecoins. The existing buyback-and-burn mechanism for CAKE from non-stablecoin fees remains unchanged, preserving the token's deflationary model. This shift enhances treasury flexibility by holding stablecoins directly, enabling smoother funding without impacting CAKE's market supply. Investors should watch for future proposals that might extend this logic to other fees, which could alter PancakeSwap's tokenomics more significantly.

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