
Decentralized exchange on BNB Chain with yield farms and a CAKE lottery
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PancakeSwap is a decentralized exchange on BNB Chain, built on automated market maker pools that let users swap tokens straight from their wallets. Its pitch is lower fees and faster confirmations than Ethereum-based rivals such as Uniswap. Beyond swaps, it offers yield farms, staking and a lottery that uses the CAKE token. It appeals to DeFi users who want a busy DEX with farming options and cheap transactions.
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