PancakeSwap
Exhange Launched
27-09-2020
27-09-2020
Rating
NR
Number Coins
338
Number Market Pairs
-1
Traffic Score
760
Volume 24h
$-1 (-1)
Volume 7d
$-1 (-1)
Volume 30d
$-1 (-1)
Maker Fee
0%
Taker Fee
0%
Exchange Score
4.4622
Derivative Volume
$0
Spot Volume
$10.04 M
Liquidity 24h
Launched On
27-09-2020
About PancakeSwap
PancakeSwap is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. PancakeSwap uses an automated market maker (AMM) model where users trade against a liquidity pool. Such pools are filled with users’ funds. They deposit them into the pool, receiving liquidity provider (or LP) tokens in return. They ... More...
Links
Website:
https://pancakeswap.finance/Twitter:
https://twitter.com/pancakeswapChat:
https://t.me/PancakeSwapHistorical Chart by Exchange Volume (USD)
About PancakeSwap
PancakeSwap is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. PancakeSwap uses an automated market maker (AMM) model where users trade against a liquidity pool. Such pools are filled with users’ funds. They deposit them into the pool, receiving liquidity provider (or LP) tokens in return. They can use those tokens to reclaim their share, plus a portion of the trading fees.
The LP tokens are called FLIP tokens. PancakeSwap also allows users to farm additional tokens – CAKE and SYRUP. On the farm, users can deposit LP tokens, locking them up in a process that rewards users with CAKE. Users can stake CAKE tokens to receive SYRUP, which will have further functionality as governance tokens (and as tickets in a lotteries).
