Token Review: PancakeSwap (CAKE)
Today we will talk about: PancakeSwap (CAKE)!
OVERVIEW
So, get comfortable and get ready to enjoy a delicious and sweet breakfast!
Let’s start by talking about what PancakeSwap is.
PancakeSwap is a new decentralized exchange (DEX) that’s been created on the Binance Smart Chain (BSC). The automated market maker (AMM) offers users several innovative ways to create income streams from their cryptocurrencies. Users can swap BEP-20 tokens on PancakeSwap quickly and safely.
PancakeSwap works like Uniswap because of the many similarities between the two transactions.
I’ve already talked about Uniswap in two articles of the “Token Review”. If you missed this article, you can recover it here:
The exchange is the largest decentralized application on the Binance Smart Chain. Many people think that PancakeSwap is futuristic and can provide many opportunities. The anonymous team that developed PancakeSwap’s AMM Platform loves simplicity, straightforwardness and lots of facts topped with few words but lots of images of syrupy pancakes and gluttonous rabbits.
The spirit of CAKE, a young pilot platform launched at the end of September and developed on Binance Smart…
