The Pancakeswap team informed its community via a Medium post on Tuesday that its Syrup Pools are now live on the Aptos blockchain. Syrup Pools allow users to stake their CAKE tokens and earn rewards in the process.
Pancakeswap said it had launched the stAPT Syrup Pool from Ditto Finance. Ditto Finance is a liquid staking solution on Aptos, users can stake APT to receive stAPT that may be used across the Aptos DeFi ecosystem while remaining liquid and securing the network. More Syrup Pools will be added soon so that all users can enjoy the unified PancakeSwap experience, the team added.
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 $3.430.
Aptos is a scalable layer 1 blockchain based on Move programming language. APT is the native token of the project. APT is down by 3% and is trading at $3.7918 per coin.