#BSCProjectSpotlight PancakeSwap is a leading decentralized exchange (DEX) on Binance Smart Chain (BSC), offering fast, low-cost token swaps, yield farming, staking, and NFT trading. As the most popular DEX on BSC, it leverages an automated market maker (AMM) model, allowing users to trade without intermediaries. Its native token, **CAKE**, powers governance, fee reductions, and liquidity mining. With a user-friendly interface, multi-chain expansion (including Ethereum and Aptos), and innovative features like prediction markets and lottery, PancakeSwap continues to drive DeFi adoption. Its high APRs and community-driven development make it a cornerstone of the BSC ecosystem.