Mac Battery at 88% of maximum capacity when the cycle count is only 114

The maximum capacity of my Mac's battery is 88%, while the cycle count is only 114. Is there anything wrong with my Mac? Is it degrading faster than it should? Is there anything I can do to slow the degrading?

Charge information from System Information

  Charge Information:

  The battery’s charge is below the critical level: No

  Fully Charged: No

  Charging: No

  State of Charge (%): 60

  Health Information:

  Cycle Count: 114

  Condition: Normal

  Maximum Capacity: 88%

My Mac is a MacBook Air M1 2020