The data for this cryptocurrency is not up-to-date.
Current Price (USD):
0,00012 $
Price (BTC):
0,00000000 BTC
CakeSwap is a decentralized exchange (DEX) that focuses on offering services in the realm of decentralized finance (DeFi), such as yield farming and liquidity pools. A key component of the CakeSwap ecosystem is its native utility token called CAKESWAP, which is used for various purposes within this burgeoning environment. Its primary functions include yield farming and staking.
CakeSwap represents a type of decentralized exchange known as an automated market maker (AMM). This essentially means that there are no traditional order books, bidding/asking systems, or limit/market orders on the platform. Instead, users trading on the platform automatically draw liquidity from one or more liquidity pools, which are then rebalanced after the completion of trades.
If additional information about CakeSwap is available, it would typically provide insights into the specific features of the platform, security measures, partnerships, user interface, and perhaps the performance or growth metrics of its native token CAKESWAP. However, without current data beyond the knowledge cutoff date, such details cannot be accurately provided.
The GONFTY token is set to be listed on Pancakeswap, with a detailed vesting plan and refund policy in place. The token also achieved a sell-out on Red Kite.
According to recent reports, the CSIX Farm/Pool is now live on PancakeSwap. This development allows users to stake CSIX-CAKE v3 LP to earn $CAKE. The farming process can be accessed via the PancakeSwap finance platform on the Binance Smart Chain (BSC). Furthermore, users also have the opportunity to stake $CAKE and earn $CSIX in return. Interested parties can find more information and participate in these activities by visiting the pools section of the PancakeSwap finance platform.
Rinse and Repeat Cycle Encouraged
