Decentralized exchange PancakeSwap moves into GameFi
The DEX has partnered with BNB GameFi protocol Mobox to create a blockchain tower defense game.
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The DEX has partnered with BNB GameFi protocol Mobox to create a blockchain tower defense game.
Decentralized cryptocurrency exchange PancakeSwap has officially launched its tower defense game, Pancake Protectors, on the Mobox platform. The game's beta version was released last week, and now players can earn the platform's native token, CAKE, while playing.
PancakeSwap launched the play-to-earn game "Pancake Protectors", integrating their native token CAKE and offering rewards up to 10,000 CAKE for top-ranked players.
Pancake Protectors enlists the CAKE token to lure new users to Web3 gaming.
Pancake Protectors enlists the CAKE token to lure new users to Web3 gaming.
As a reminder, PancakeSwap is a decentralized exchange (DEX) that operates under the Automatic Market Maker (AMM) model. Because of this, its users can exchange tokens in a completely decentralized manner, as liquidity pools are generated to enable them.
PancakeSwap's plan to provide Cake tokens with new functionality through a VIP pool received 99.6% approval.
The team of PancakeSwap (CAKE), the largest and most popular decentralized cryptocurrency exchange on BNB Smart Chain, shared the details of the novel opportunity unlocked for PEPE enthusiasts.
Shiba Inu and PancakeSwap both registered massive upticks in terms of their burn rate. However, CAKE's price action still remained bearish.
How are the coins PancakeSwap (CAKE), Spongebob (SPONGE) and Bitgert Chain (BRISE) performing within the crypto market? The following is an in-depth look at their prices and the latest news featuring them.
Today's cryptocurrency market showcases PEPEcoin (PEPE), Lido (LDO), Kava (KAVA), Optimism (OP), Frax Share (FXS), and Luna Classic (LUNC) as the top gainers, while Toncoin (TON), XinFin (XDC), PancakeSwap (CAKE), BitTorrent (BTT), and Flare (FLR) have faced losses.
PancakeSwap v3's performance was commendable, but CAKE's price decreased by more than 25% in the last seven days. But its RSI was oversold.
Building blockchain-based applications tends to involve compromise at some point. Companies need to decide what to sacrifice — speed, cost, security and so forth — to achieve their particular priorities.
What is the general trend and sentiment in the crypto market and how are the prices of the Floki Inu (FLOKI), PancakeSwap (CAKE) and Solana (SOL) coins performing?
CAKE is still heavily oversold at its $1.91 price level at the time of writing. This means there is significant upside potential but its ability to achieve a strong bounce back will depend on whether it can secure robust demand.
The Casper Network is a proof-of-stake, layer 1 blockchain developed by Casper Labs, which provides solutions and applications for its corporate customers. The main network was launched on 31 March 2021 after two years of testing and continues to focus on security and scalability, which still limit the development of enterprise solutions.
PancakeSwap v3's Total Value Locked (TVL) touched $239 million in just a month of its launch.
PancakeSwap, a leading decentralized exchange platform on the BNB Smart Chain (BSC), has passed the CAKE Tokenomics v2.5 Decision Proposal that makes their native token scarcer
PancakeSwap's Proposal for CAKE Tokenomics v2.5 has passed, which will adjust CAKE Syrup Pool emissions from 6.65 CAKE/block to 3 CAKE/block immediately and reduce CAKE Syrup Pool emission to 0.35 CAKE/block (~2% APR) at month 6.
The Pancakeswap price analysis shows that the cryptocurrency is following a bullish trend after a period of crashing declines. As a result of the price increase, the coin value has increased to $2.74.
These four cryptocurrencies could face more downside in May based on their current price structures.
A community vote to reduce CAKE's token emissions and slash staking rewards has received backing from 70% of voters in PancakeSwap's DAO.
PancakeSwap (CAKE) was among the most sought-after altcoins in the boom of the crypto market in 2021.
A vote, which is supposed to end Friday, has seen 70% of the community vote in favor of reducing block rewards drastically over the next few months.