PancakeSwap v3 introduces advanced Swap and Liquidity Provision functionalities, enabling users to trade tokens seamlessly and maximize capital efficiency. Source
Tag: PancakeSwap
Decentralized Exchange PancakeSwap Launches on Arbitrum Layer-2 Blockchain in Expansion Drive
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…
PancakeSwap Joins The Ranks Of DeFi Giants On zkSync Era: Here’s Why It Matters
Decentralized Exchange (DEX) PancakeSwap (CAKE), has announced the launch of PancakeSwap v3 on zkSync Era, a Layer 2 scaling solution that promises to deliver improved scalability, efficiency, and cost-effectiveness to its users. According to the announcement, with the popularity of ZK rollups increasing and users and builders increasingly looking to L2 solutions, PancakeSwap is thrilled to offer users and developers even more reasons to build and trade on its DEX. The Benefits Of PancakeSwap v3’s Swap Feature On zkSync Era PancakeSwap v3 on zkSync Era comes with several exciting features,…
Decentralized Exchange PancakeSwap Expands to zkSync Era Blockchain
As a DEX, PancakeSwap relies on smart contracts instead of middlemen to process trades, lending and lottery services for users. The DEX is available on the BNB Chain, Ethereum, Polygon zkEVM, Aptos and now zkSync Era. The protocol held over $1.57 billion worth of tokens as of Wednesday, DefiLlama data shows. Source link
PancakeSwap aims to enhance platform availability with Google Cloud integration
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied PancakeSwap (CAKE) partners with Google Cloud to achieve high availability and faster operations. Since then, CAKE has hit the fourth spot on top gainers today with a 3.8% price increase in the last 24 hours. Prioritizing continuous availability PancakeSwap, a defi trading platform, announced the start of the use of Google Kubernetes Engine to scale its nodes. The announcement was met with a seemingly positive response from the crypto community. 🤝 PancakeSwap is revolutionizing trading with…
Decentralized Exchange PancakeSwap Goes Live on Polygon zkEVM Blockchain
As a DEX, PancakeSwap relies on smart contracts instead of middlemen to process trading, lending and lottery services for users on the BNB Chain, Ethereum and Aptos blockchains. The protocol held over $1.54 billion worth of tokens as of Wednesday, DefiLlama data shows. Source link
Decentralized exchange PancakeSwap moves into GameFi
On May 29, decentralized exchange (DEX) PancakeSwap announced that it had launched a new tower-defense GameFi game in conjunction with BNB GameFi protocol Mobox. Dubbed “Pancake Protectors,” the game allows players to utilize the DEX’s native CAKE tokens to earn in-game rewards. Utilities for CAKE tokens within Pancake Protectors include accelerating the level-up process, purchasing in-game currency, claiming CAKE heroes, staking CAKE to earn resources, and unlocking game levels. There will also be an in-game marketplace for trading CAKE heroes, which can be further enhanced by participating in lotteries yielding…
Pancake Protectors to Bring Play-to-Earn to Gaming PancakeSwap Users
PancakeSwap launched the play-to-earn game “Pancake Protectors,” integrating their native token CAKE and offering rewards up to 10,000 CAKE for top-ranked players. On May 29th, PancakeSwap, the decentralized exchange (DEX) operating under the automated market maker (AMM) model, announced the launch of the play-to-earn (P2E) game “Pancake Protectors”, powered by GameFi Mobos’ PvP protocol. Pancake Protectors is based on the subgenre of strategy games known as Tower Defense (TD), where players’ main objective is to protect territories or possessions by strategically placing defensive structures on the assigned map. Pancake Protectors…
PancakeSwap passes proposal that makes CAKE “ultrasound”
PancakeSwap, a leading decentralized exchange (DEX) on the BNB Smart Chain (BSC), has passed the CAKE Tokenomics v2.5 Decision Proposal that makes their native token scarcer. The proposal aimed to transform the tokenomics model of CAKE, the DEX’s utility token. The primary focus being on low staking inflation where real yield is from the protocol’s revenues. It also looked at adjusting its product to favor longer-term CAKE stakers. Decision Proposal for CAKE Tokenomics v2.5 has passed, which will adjust CAKE Syrup Pool emissions from 6.65 CAKE/block to 3 CAKE/block immediately…
DAO of DeFi Protocol PancakeSwap Votes For “Aggressive Reduction” of CAKE Token Inflation
The “version 2.5” tokenomics proposal would move CAKE toward a “deflationary model” by slashing the token rewards paid to traders and stakers by over 68%. The so-called CAKE “emissions” on Syrup Pool, PancakeSwap’s main liquidity pool on BNB Smart Chain, would drop by 94% under the proposal. Source