# CAKE Tokenomics v1

To hit the ground running, PancakeSwap launched as an MVP (minimum viable product) with the MasterChef contract emitting 40 CAKE per block. For that reason, the early team didn't add additional functions such as the ability to customize the CAKE minting logic. As migrating to a new MasterChef would require a lot of time and effort, the team opted to reduce CAKE emissions instead through a manual burn process by creating two pools:
