100 Lectures on Encryption Episode 55 CAKE
The First Liquidity on Binance Smart Chain
PancakeSwap is a decentralized exchange (DEX) built on the BNB Chain, utilizing an automated market-making (AMM) system. PancakeSwap is a fork of SushiSwap with almost the same codebase, but its advantage lies in cheaper and faster transactions on BSC. It also offers additional features such as yield farming across other protocols, lotteries, and initial farming offerings (IFO).
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