pancakeswap: PancakeSwap(CAKE) - June 2024 Price Update - 7.24% Breakout Crypto News and Analysis

Explore the Core.

Pancakeswap innovates quickly and ships new products regularly. In April 2023, PancakeSwap voted to transition to a deflationary token model called "Ultrasound CAKE." The protocol passed a proposal called CAKE Tokenomics v2.5 to create a structure combining real yield (no supply impact) and reduced token emissions. Over 102% of minted CAKE is burned weekly.

Cute, funny and a little bit crazy!!!

Explore the Core.

Pancakeswap was originally built on the BNB Chain and allows users to trade tokens without using a centralized exchange. It provides an array of products, such as: An exchange to swap tokens, A yield farm to earn rewards, Syrup pools to stake CAKE tokens, Ethereum liquid staking (wBETH) and simple staking, Pancake Protectors game v3 position manager (new feature), A prediction market, Initial Farm Offering (IFO) token launches, A bridge to bridge CAKE to Ethereum and Aptos, A lottery and An NFT marketplace. Pancakeswap innovates quickly and ships new products regularly. In April 2023, PancakeSwap voted to transition to a deflationary token model called "Ultrasound CAKE." The protocol passed a proposal called CAKE Tokenomics v2.5 to create a structure combining real yield (no supply impact) and reduced token emissions. Over 102% of minted CAKE is burned weekly. This is intended to provide a multi-year runway for emissions and incentivize locking up CAKE, making the token more valuable long-term

Spot the Main Event:

BTC Halving Celebration: PancakeSwap's Surprise for BTCB & WBTC Traders – Winners Announced & $3,000 Part 2 Launch. The excitement continues. Users can now Dive into Part 2 of the Pancake swap BTC Halving campaign now. Users have to trade at least $1,000 in BTCB & WBTC pairs with the deadline being June 21st, 1PM UTC. The users that meets the above criteria are eligible to enter the $3,000 USDT lucky draw and potentially get $100! The pancakes swap warmly invite all traders, including the Part 1 winners, to join them for Part 2 of the campaign. Start fresh and aim to accumulate $1,000 in trading volume. Let’s all dive back in and trade with renewed energy. PancakeSwap offers over 800 eligible trading pairs with BTCB or WBTC. Traders can easily find suitable pairs by searching for “BTCB” or “WBTC” on BNB Chain or Ethereum. In terms of rewards, the campaign doesn’t disappoint. 50 participants will be chosen randomly to receive $100 each in USDT, distributing a total of $5,000 USDT in prizes.

Explore the Core.

Pancakeswap innovates quickly and ships new products regularly. In April 2023, PancakeSwap voted to transition to a deflationary token model called "Ultrasound CAKE." The protocol passed a proposal called CAKE Tokenomics v2.5 to create a structure combining real yield (no supply impact) and reduced token emissions. Over 102% of minted CAKE is burned weekly. This is intended to provide a multi-year runway for emissions and incentivize locking up CAKE, making the token more valuable long-term.

To God be the Glory

Explore the Core.

Pancakeswap was originally built on the BNB Chain and allows users to trade tokens without using a centralized exchange. It provides an array of products.

Spot the Main Event:

PancakeSwap has been pursuing a multichain strategy, which has seen the decentralized exchange and the CAKE token launch on different layer-one and layer-two blockchains.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.