Jasz
VIP Contributor
The decentralized exchange platforms have become the next big thing in the crypto world. The DeFi based DEX platforms provide you with privacy and security. The pancakeswap platform is the most popular and successful DeFi based exchange platform.
The features of Pancakeswap:
Cake token: Cake is a BEP-20 token that, like BNB, is used as a gateway to access lower trading fees on PancakeSwap.
Pancake liquidity pool: The PancakeSwap liquidity pool allows users to provide liquidity for tokens by holding them in a shared wallet that can be used to match orders on their DEX.
LPs earn rewards in CAKE and gas fees paid by traders.
Pancake swap ICO: Pancake swap conducted its initial coin offering (ICO) by selling SYRUP tokens through the Binance Smart Chain. The SYRUP tokens were sold at a rate of $0.09 each and earned $1 million in funding for the project’s developers.
The features of Pancakeswap:
Cake token: Cake is a BEP-20 token that, like BNB, is used as a gateway to access lower trading fees on PancakeSwap.
Pancake liquidity pool: The PancakeSwap liquidity pool allows users to provide liquidity for tokens by holding them in a shared wallet that can be used to match orders on their DEX.
LPs earn rewards in CAKE and gas fees paid by traders.
Pancake swap ICO: Pancake swap conducted its initial coin offering (ICO) by selling SYRUP tokens through the Binance Smart Chain. The SYRUP tokens were sold at a rate of $0.09 each and earned $1 million in funding for the project’s developers.
