PancakeSwap

About

PancakeSwap is a major decentralized exchange (DEX) built on the Binance Smart Chain. The PancakeSwap app, which was released in September 2020, offers a quick and inexpensive way to trade BEP-20 tokens using the Automated Market Maker (AMM) method. Instead of a traditional order book, the platform uses liquidity pools, allowing users to trade, farm, and stake CAKE with no third-party involvement. Key features: • Users can earn fees and CAKE incentives by staking LP tokens in farms, increasing liquidity for trading pairings. • CAKE holders can bet their tokens in Syrup Pools to gain extra CAKE or new partner project tokens. • PancakeSwap includes an integrated NFT marketplace where users can mint, buy, and sell NFTs on supported chains. • Support for multiple chains beyond Binance Smart Chain (BSC). • PancakeSwap's lottery and prediction games allow players to earn CAKE in entertaining, community-oriented ways.

Team (1)

• HCHenry CavillPast team

Funding

• Corporate RoundYZi Labs (Binance Labs)006 Jun 2022

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