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.