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Pancakeswap Says It Is Working Hard To Reduce Its Emissions

Twitter icon  •  Published 4 years ago on March 8, 2022  •  Hassan Maishera

The Pancakeswap team announced in a tweet on Monday that it continues to work hard to reduce its emissions.

Pancakeswap Says It Is Working Hard To Reduce Its Emissions

The Pancakeswap team announced in a tweet on Monday that it continues to work hard to reduce its emissions. According to the team, its emissions are down by more than 40% since the DeFi summer and it is working hard to reduce it even further. 

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 less than 1% so far today and is currently trading at $5.97.

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Hassan Maishera Senior Reporter

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.