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PancakeSwap Introduces Yield Farming On Linea

Twitter icon  •  Published il y a 7 mois  •  Hassan Maishera

The Pancakeswap team announced via a blog post on Wednesday that it has launched yield-farming on Linea PancakeSwap.

The Pancakeswap team announced via a blog post on Wednesday that it has launched yield-farming on Linea PancakeSwap. The feature allows users to earn CAKE rewards by staking their LP tokens in liquidity pools. 

Yield farming enhances the DEX ecosystem's liquidity and trading experience while allowing users to reap the benefits of passive income growth.

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 1% today and is currently trading at $1.292.

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.