A higher level of security when compared to other DeFi yield farming platforms. If you are curious to learn how safe PancakeSwap is, note that it has a higher level of security when compared to other DeFi protocols .10 Oca 2022
Read moreWhat is staking on PancakeSwap?
Staking in Syrup Pools lets you earn CAKE or other tokens while you sleep ! It’s simpler than farming with PancakeSwap’s Yield Farms, because unlike the Farms, you only need to stake one token to start earning: usually CAKE.
Read moreWhat is LP token in PancakeSwap?
Liquidity provider tokens or LP tokens are tokens issued to liquidity providers on a decentralized exchange (DEX) that run on an automated market maker (AMM) protocol . Uniswap, Sushi and PancakeSwap are some examples of popular DEXs that distribute LP tokens to their liquidity providers.
Read moreHow do you calculate Pool tokens?
Most AMM and liquidity pool uses the constant product formula which is x * y = k . This is the formula that mathematically determines what the market price of the token in the pool should be. x and y represents the respective token balance of a pairing and k is a constant that will never change.
Read moreHow does PancakeSwap price work?
The liquidity pools operational in decentralized exchanges are for trading purposes. On PancakeSwap, traders using liquidity from these pools pay a fee of 0.20%. From this amount, 0.17% goes to its treasury . This money helps in the maintenance and upgrades of the platform.
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