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PancakeSwap Launches Its Products On Base

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

The Pancakeswap team announced via a blog post on Thursday that it has launched its suite of products on Base, an Ethereum Layer 2 (L2) chain.

The Pancakeswap team announced via a blog post on Thursday that it has launched its suite of products on Base, an Ethereum Layer 2 (L2) chain. Pancakeswap said it made this decision because it seeks to offer users a reliable and low-cost trading experience. 

Furthermore, the integration with Coinbase's ecosystem brings the power of mainstream crypto adoption to its users, making it a significant milestone in pursuing a more inclusive DeFi landscape. Pancakeswap will be bringing its Swap, Liquidity Provision, and upcoming Yield Farming to this Layer 2 Chain.

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 4% today and is currently trading at $1.232.

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.