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Pancakeswap Introduces Farms on Polygon zkEVM

Share on X icon · Published vor 3 Jahren on July 27, 2023 · Hassan Maishera

The Pancakeswap team announced the launch of Farms on Polygon zkEVM Pancakeswap via a blog post on Wednesday.

Pancakeswap Introduces Farms on Polygon zkEVM

The Pancakeswap team announced the launch of Farms on Polygon zkEVM Pancakeswap via a blog post on Wednesday. Farms for major trading pairs such as WETH-USDC, WETH-USDT, USDT-USDC, and WETH-MATIC are now available on Polygon zkEVM PancakeSwap.

With Farms, users can stake LP tokens and earn CAKE rewards to grow their crypto holdings while keeping a position in the LP tokens.

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 1% today and is currently trading at $1.493.

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Hassan Maishera
Hassan Maishera Senior Reporter

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.