$CAKE is the native token of #PancakeSwap , a decentralized exchange (DEX) built on #BinanceSmartChain (BSC).

Holders of #Cake can participate in the governance of PancakeSwap by voting on proposals and decisions that affect the platform.

It is possible to stake CAKE to earn more CAKE tokens or other tokens.

Used to provide liquidity to the platform, allowing users to trade other tokens.

It is also used to participate in lotteries and buy #NFTs on the PancakeSwap platform.

PancakeSwap is one of the largest DEXs on BSC, offering low trading fees and fast transactions.

It is a deflationary token, which means that the total supply of tokens is being reduced over time.

PancakeSwap offers a variety of features, including token trading, staking, liquidity provision, lotteries, and NFTs.

The price of CAKE is volatile and can fluctuate significantly.