#449 new

What is PancakeSwap?

Reported by bessiejoans | April 19th, 2021 @ 04:50 AM

PancakeSwap is a decentralized exchange for trading BEP-20 tokens. The PancakeSwap exchange has an automated market maker(AMM) model. It helps to trade digital assets on the platform, where other exchanges use the order book to match buyer and seller, whereas in pancakeSwap uses Liquidity pools are available to execute your tradings.

The user digital assets are deposited on the liquidity pool, and the user gets tokens as a return for that.

Users can use tokens to reclaim their share, a part of trading fees.

Users can trade BEP-20 tokens, or add liquidity and earn rewards. There are also other features we’ll cover later.

Get more info> PancakeSwap Clone Script

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