PancakeSwap API price

So if anyone wants to buy your token they go directly to the pool exchange (pancakeswap). The pool determines the price based on supply and demand in comparison to the paired coin .

When you make a token swap or trade on the exchange, you need to pay a 0.25% trading fee , which is divided into three pieces. First, there’s 0.17% that gets returned to the liquidity pools in the form of a fee reward for the liquidity providers (LPs). Then there’s a 0.03% fee sent to the PancakeSwap Treasury.10 Oca 2022

PancakeSwap allows you to stake CAKE to earn more CAKE , which is how the passive income is built. There are two ways to start gaining CAKE, Farms, and Pools. Farms is a way to provide liquidity to two tokens. In Farms you have to choose two cryptocurrencies that you own and stake those as a pair.

The value of anything is determined by supply and demand . If demand increases faster than supply, the price goes up. For example, if there’s a drought, the price of grain and produce increases if demand doesn’t change. The same supply and demand principle applies to cryptocurrencies.