PancakeSwap – Cake Token

5 Reasons PancakeSwap (CAKE) To $50 Price PREDICTION And CHART Analysis Altseason 2022




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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.

To learn more about this project, check out our deep dive of Pancakeswap.

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.

PancakeSwap (CAKE) Road To $50 Price PREDICTION And CHART Analysis Altseason 2022

#PancakeSwap #Altseason2022 #CryptoMadeEasy

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Mr Legend Crypto
Mr Legend Crypto
1 month ago

Thank you for watching this video
Don’t forget to like this video
Drop a comment to tell us what you think

John Nicholson
John Nicholson
1 month ago

<<Honestly, I have incurred so much losses trading on my own, I trade well on Demo but I think the real market is manipulated. Can anyone help me out or at least tell me what I’m doing wrong.

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contact 👉 oneworldhack onTelegram
1 month ago

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