PancakeSwap
CAKE

$ 3.57 / Ƀ 0.00013136

Marketcap

$ 652,893,945

Volume

$ 60,996,631

Circulating

182,675,770 CAKE

Total supply

376,868,149 CAKE

All time high

$ 43.96

Difference between ATH

91.88%

Date last ATH

April 30, 2021

Days since ATH

697

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Latest PancakeSwap updates on February 22nd


PancakeSwap recently announced several important updates and announcements. On February 21st, PancakeSwap announced that users could stake APT to get tAPT, receiving Aptos’ native staking emissions. This same day, PancakeSwap also launched their new $tAPT – whUSDC Farm and encouraged users to stake in order to earn $CAKE. Additionally, PancakeSwap announced the winners of their 7-day Week of BlueMove and shared a recap of their AMA with @trycarbonio. On February 20th, PancakeSwap announced that they had completed the refund for the ARENA IFO, and would cease their ARENA Syrup Pool and ARENA Farm. Additionally, they shared that the ESPL IFO Refund airdrop had been completed. Finally, they shared that they had burned 7,038,341 $CAKE, which was equivalent to $30M, and shared the Proof of burn.

What is PancakeSwap ?

PancakeSwap is a decentralized finance (DeFi) protocol built on the Binance Smart Chain (BSC), which is a blockchain-based platform that enables users to lend and borrow cryptocurrencies. The PancakeSwap protocol allows users to trade tokens, swap coins, and provide liquidity to pools. PancakeSwap also has its own native token, CAKE, which is used to power the platform and reward users who provide liquidity.

PancakeSwap is a decentralized exchange (DEX) that offers a wide variety of tokens and coins to users. The platform allows users to trade cryptocurrencies, as well as provide liquidity for token pools. PancakeSwap also supports automated market making, allowing users to set up automated trading bots.

The native token of PancakeSwap, CAKE, is used to power the platform and reward users who provide liquidity to the pools. CAKE tokens are also used for staking, which allows users to earn rewards in the form of other tokens. CAKE tokens are also used for governance, allowing users to vote on platform decisions.

PancakeSwap is a great choice for users who want to take advantage of the DeFi revolution. The platform offers a wide variety of tokens and coins, as well as a range of features such as automated market making and staking. Additionally, the CAKE token offers users the chance to earn rewards by providing liquidity to the pools.

In conclusion, PancakeSwap is a great choice for users who want to get involved in the DeFi revolution. The platform offers a wide variety of tokens and coins, as well as a range of features such as automated market making and staking. Additionally, the CAKE token offers users the chance to earn rewards by providing liquidity to the pools.

This article was published on 2023-01-29 by Marc Endevor. Information shown in this article was gathered from the project’s website and Twitter account. Coinvestigate cannot guarantee the accuracy of this information, or any news that may have impacted the project in the meantime.

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What is the price & marketcap of PancakeSwap?

PancakeSwap is a cryptocurrency with a price of $ 3.57 and marketcap of $ 652,893,945. PancakeSwap’s market price has decreased -4.85% in the last 24 hours. It ranks 71 amongst all cryptocurrencies with daily volume of $ 60,996,631.

CAKE / USD Historical prices

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Historical Price for PancakeSwap
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Past updates about PancakeSwap

Published on 2023-01-17 : – Lock… https://t.co/eA6vX9WJm8 PancakeSwap has had a great year in 2020! It introduced Community Initial Farm Offering (cIFO) and Pottery, a product that combines CAKE-locked staking with lottery elements. StableSwap was launched as well, offering lower slippage & fees for stablepair trades. This year PancakeSwap also embraced its mission to become the leading Multichain Decentralized Exchange (DEX). Token Economics 2.0 was introduced, with a maximum supply cap of 750 million as well as additional utility for the token. It has achieved a trading volume of $144.3B and had 29.6M unique traders, with a total of 354.7M CAKE burned. In 2021, ESPL Arena IFO was launched, a global esports tournament platform with strategic partners such as Genting Ventures, Warner Music, Infinity Ventures Crypto and Arcanum Capital. The IFO sale closed on the 16th of January.

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