The Pancakeswap team announced on Twitter on Monday that the MIXMARVEL Farm and Syrup Pool are now live on the Pancakeswap platform. Pancakeswap users can now stake CAKE tokens and earn MIX. 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 down by more than 2% so far today and is currently trading at $4.854.