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Pancakeswap Introduces Revenue Sharing Pool

Twitter icon  •  Published il y a 8 mois  •  Hassan Maishera

The Pancakeswap team announced via a blog post on Monday that it had launched its Revenue Sharing Pool.

The Pancakeswap team announced via a blog post on Monday that it had launched its Revenue Sharing Pool. The pool allows Fixed-Term CAKE stakers to benefit from the growth and success of PancakeSwap directly.

In addition to the APR, users will now directly earn real yield from the trading fee revenues generated by PancakeSwaps v3 trading pairs. Specifically, fixed-term CAKE stakers will receive 5% of the trading fee revenues from ALL PancakeSwap v3 pairs with 0.01% and 0.05% fee tiers on a recurring and weekly basis.

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 2% today and is currently trading at $1.532.

Author

Hassan Maishera

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.