1H
0.26%$0.0052
24H
-0.13%$0.0026
7D
3.84%$0.0747
30D
8.77%$0.1629
PancakeSwap has proposed to cut CAKE supply by 50 million tokens, with market data showing an immediate rise in trading activity.
PancakeSwap debuts Probable, an on-chain prediction platform on BNB Chain with zero trading fees, targeting crypto, sports, and global events markets.
The protocol uses TODA auction mechanism to match heterogeneous proof workloads with specialized provers and introduces BREV token for payments and staking.
PancakeSwap’s CAKE token has surged nearly 50% this month following the launch of CAKE.PAD, a new token-access platform that permanently burns CAKE fees.
PancakeSwap price surged 30% past $3.0, fueled by a 908% spike in daily trading volume to $663M and record Q3 growth.
PancakeSwap is an automated market maker (AMM) – a decentralized finance (DeFi) application that allows users to exchange tokens, providing liquidity via farming and earning fees in return.
It launched in September 2020 and is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. PancakeSwap uses an automated market maker model where users trade against a liquidity pool. These pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return.
These tokens can later be used to reclaim their share of the pool, as well as a portion of the trading fees. These LP tokens are known as FLIP. PancakeSwap also allows users to farm additional tokens such as CAKE and SYRUP. On the farm, users can deposit LP tokens and get rewarded with CAKE.
PancakeSwap allows users to trade BEP20 tokens, provide liquidity to the exchange and earn fees, stake LP tokens to earn CAKE, stake CAKE to earn more CAKE and stake CAKE to earn tokens of other projects.
As the next era of the web continues to emerge, a lot of platforms are deploying suitable Web3 infrastructures to encourage further participation in the industry. Ankr is one of such platforms, and here is all you need to know about it.
Crypto 2.0 or cryptography 2.0 – also known as bitcoin 2.0, is decentralized system of blockchain or distributed ledger technology to things other than digital currency.
