The Pancakeswap team announced via a tweet on Friday that the FROYO Farm and Syrup Pool are now live on its platform
The Pancakeswap team announced via a tweet on Friday that the FROYO Farm and Syrup Pool are now live on its platform. As such, users can now stake CAKE tokens and earn FROYO. The annual percentage rate (APR) will drop as liquidity increases, Pancakeswap added.
PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is up by more than 8% so far today and is currently trading at $8.14.
Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.
