As PancakeSwap outshines UniSwap, analyzing the effects on CAKE
As PancakeSwap continues to push its efforts toward becoming multichain, it has now gone live on Arbitrum One. CAKE's price action, however, remained bearish.
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As PancakeSwap continues to push its efforts toward becoming multichain, it has now gone live on Arbitrum One. CAKE's price action, however, remained bearish.
PancakeSwap (CRYPTO: CAKE), a decentralized exchange (DEX), initiated operations on the Ethereum (CRYPTO: ETH) scaling platform Arbitrum (CRYPTO: ARB) as part of its strategy to grow its clientele and revenue. PancakeSwap, which operates without intermediaries using smart contracts, was already functional on platforms such as BNB Chain (CRYPTO: BNB), Ethereum, Polygon zkEVM (CRYPTO: MATIC), zkSync and Aptos (CRYPTO: APT) blockchains.
PancakeSwap, the second-largest decentralized exchange protocol, has launched on Ethereum Layer 2 network Arbitrum One.
In the rapidly evolving landscape of decentralized finance (DeFi), innovation is the key to capturing the attention and loyalty of users. In a move that has sent shockwaves through the cryptocurrency community, PancakeSwap, a pioneering player in the world of decentralized exchanges (DEXs), has taken a groundbreaking step by integrating with the Ethereum scaling network, Arbitrum.
PancakeSwap, a leading decentralized trading platform, has announced a strategic partnership with software development firm bloXroute, aiming to combat the unwelcome presence of malicious MEV (Maximum Extractable Value) bots on the Ethereum blockchain.
The decentralized exchange has expanded to several networks this year in the search for new users and revenue streams.
Decentralized trading platform PancakeSwap has announced a partnership with software development company BloXroute to implement protection against the unwanted presence of Mev bots on the Ethereum blockchain.
Story Highlights PancakeSwap price can go as high as $3.437 by the end of 2023. CAKE with a potential surge could go as high as $22.329 by the end of 2030. The current price of one CAKE token is . The ever-evolving crypto space is home to a host of promising and competent projects.
CAKE short-sellers seek more ground amidst uncertainty after the U.S. debt rating downgrade by Fitch. When will bulls see respite?
In an unprecedented move that has the crypto community buzzing with excitement, PancakeSwap, a renowned decentralized exchange (DEX), has unveiled a groundbreaking initiative that promises to reshape the landscape of staking and rewards. Known as the Revenue Sharing Pool (RSP), this initiative is set to distribute a substantial portion of the trading fee revenue generated by the platform to Fixed-Term CAKE stakers.
In an ambitious move to incentivize its stakers popular decentralized exchange (DEX) PancakeSwap ($CAKE) is set to disburse a share of its trading fee revenue amounting to millions of dollars to CAKE token stakers.
Only after a few days of launch, PancakeSwap v3's volume on zkSync Era crossed the $10 million mark. CAKE's price also registered an uptick over the last seven days.
PancakeSwap announces the launch of v3 on Polygon zkEVM Mainnet Beta, introducing lower trading fees, increased capital efficiency and enhanced user experience.
PancakeSwap (CRYPTO: CAKE), a decentralized exchange (DEX), is set to share a portion of its trading-fee revenue with stakers of its native token to enable them to earn more rewards. The Revenue Sharing Pool (RSP) initiative will see Fixed-Term CAKE stakers receive 5% of the trading fee revenues from all PancakeSwap v3 pairs with 0.01% and 0.05% fee tiers on a recurring and weekly basis.
One of the largest DEXes in crypto is initiating a game-changing liquidity initiative for its community. Now, generous rewards are available not only on "incentivized" pools but for all CAKE stakers as well.
Decentralized exchange PancakeSwap is set to share a portion of its trading-fee revenue with CAKE stakers.
PancakeSwap has recently announced its integration with ZkSync Era network for its V3, highlighting a new wave in the evolution of smart contract development via ZK-rollups. As one of the leading decentralized exchanges, PancakeSwap's alignment with ZkSync Era could foster a substantial enhancement for the DEX.
PancakeSwap accepted the ZkSync Era with open arms and this could prove to be an advantage for the chain and its native token CAKE.
In a significant development for the DeFi sector, PancakeSwap, the leading decentralized exchange (DEX) on the Binance Chain, has announced its launch on zkSync Era, an Ethereum Layer 2 network. This move is set to enhance the scalability and efficiency of the DEX, offering users reduced gas costs and faster transaction times.
PancakeSwap v3 goes live on Zksync Era, introducing a host of exciting features and benefits for users Read more
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.
PancakeSwap v3, a non-custodial decentralized exchange, has launched on zkSync Era.
Leveraging zkSync's technology, PancakeSwap revolutionizes DeFi trading with faster transaction speeds, lower gas fees and a suite of features.
The DEX, initially launched on BNB Chain, is now available on five blockchains.