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. 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.
