How do you stake LP tokens on PancakeSwap?

Secure. PancakeSwap has proven to be very secure . For one, it’s a non-custodial DEX, meaning that the platform never holds your assets directly in large hot wallets. DEXs are much more secure than centralized exchanges for this reason.

Whenever someone trades on PancakeSwap, the trader pays a 0.25% fee, of which 0.17% is added to the Liquidity Pool of the swap pair they traded on. For example: There are 10 LP tokens representing 10 CAKE and 10 BNB tokens. 1 LP token = 1 CAKE + 1 BNB .

Currently, 10 CAKE per block is awarded to the CAKE holders staking in the CAKE Pool on PancakeSwap. The APY for staking in the CAKE Pool is around 45%.

The Farm Base APR is calculated according to the farm multiplier and the total amount of liquidity in the farm — this is the amount of CAKE distributed to the farm.