PancakeSwap, BSC’s flagship DEX, has dominated DeFi since 2021. Its V4 upgrade introduces game-changing features like "Custom Pools," allowing liquidity providers to set fee tiers (0.01% to 1%). This flexibility attracts institutional players while retaining retail users. CAKE’s tokenomics overhaul (reducing supply by 300M tokens) has also stabilized its price, making it a deflationary gem.
As a crypto educator, I advise beginners to start with PancakeSwap’s Auto-Cake pool (7% APY) for hassle-free staking. Always verify contracts via BscScan—scams like fake CAKE tokens are rampant.
