$CAKE Hello esteemed community.
PancakeSwap is a decentralized exchange (DEX) with support for a peer-to-peer (P2P) network, launched on the BNB Chain in September 2020. By 2021, it was recognized as the largest DEX on the BNB Chain. The daily trading volume on PancakeSwap reached hundreds of millions of dollars, even when the cryptocurrency market was in a bearish phase.
The native token of PancakeSwap is CAKE. PancakeSwap operates as an automated market maker (AMM), where liquidity is provided by users who lock their funds in the protocol themselves.
CAKE is used as a utility token that incentivizes liquidity provision on this platform.
CAKE is a BEP-20 standard token, so it is fully compatible with other cryptocurrencies on the BNB Chain.
Before making trading decisions, it's better to consult with your advisor.
CAKE
2.577
+20.53%
Good luck friends.
@CRYPTO WHALE TEAM