PancakeSwap


Name

PancakeSwap

Summary

PancakeSwap is an automated market maker (AMM) – a decentralized finance (DeFi) application that lets users to trade tokens while also providing liquidity and earning fees.
-It was launched by anonymous developers
-It is built on Binance Smart Chain

Buy CAKE
Rating

BBB

Symbol

CAKE

Overview

PancakeSwap is a decentralised exchange (DEX) that uses an automated market making (AMM) technology and is built on Binance Smart Chain (BSC). PancakeSwap is a fork of SushiSwap with a nearly identical codebase, however because it is built on BSC, it has the advantage of cheaper and faster transactions. In comparison to SushiSwap, it also includes features like yield farming across various protocols, lotteries, and initial farm offerings (IFO).

Historical Price Movement (in INR)

Buy CAKE
Technology

Pancakeswap is a decentralized exchange (DEX) protocol built on binance smart chain.
Programming languages for the Binance chain include GO, Java, Javascript, C++, C#, Python, and Swift.
Use of Native tokens in the ecosystem:
CAKE, PancakeSwap's native utility coin, is used for a number of functions in the expanding ecosystem. Yield farming, staking, participating in the PancakeSwap Lottery, and submitting and voting on governance proposals through the platform's community governance portal are the platform's key functions.

Token Allocation

NA

Volume (18th April 2022)

$159,997,920

Total Supply

695070797

Circulating supply

280,355,865.63 CAKE

Crowd Sales

NA

Funding

NA

Country

NA

Name of Organization

Pancakeswap

Year Incorporated

2020

Registered Address

NA

Dispute Resolution and Governing Law

NA

Country Risk Assessment

NA

Founding Team
Name Designation Education Experience
Anonymous Developer NA NA