The Pancakeswap team announced in a tweet on Wednesday that the GMT Farm and Syrup Pool are now live. GMT is the native token of the STEPN ecosystem. Pancakeswap users can now stake CAKE tokens and earn GMT in return.
PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is down by less than 4% so far today and is currently trading at $6.01