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Pancakeswap Introduces Pancakeswap Pottery

Share on X icon · Published 4 years ago on August 8, 2022 · Hassan Maishera

The Pancakeswap team announced the launch of its Pancakeswap Pottery via a Medium post on Friday.

Pancakeswap Introduces Pancakeswap Pottery

The Pancakeswap team announced the launch of its Pancakeswap Pottery via a Medium post on Friday. Pottery is a product that combines CAKE locked staking with lottery elements while guaranteeing users will get back 100% of the CAKE they deposited.

Pancakeswap explained that with Pottery, users are guaranteed to get back 100% of what they deposited in 10 weeks. However, they can only withdraw their CAKE deposit after 10 weeks of locking without any other way to withdraw early.

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 10% today and is currently trading at $4.530.

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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.

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