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Pancakeswap Updates Its Docs To Include The New CAKE Pool With Fixed-Term Staking

Twitter icon  •  Published 2年前  •  Hassan Maishera

The Pancakeswap announced on Wednesday via Twitter that it has updated its documents to include the new CAKE tools with fixed-staking features.

The Pancakeswap announced on Wednesday via Twitter that it has updated its documents to include the new CAKE tools with fixed-staking features. The document also included FAQs from the community. 

The team introduced fixed-term staking for its CAKE token on Tuesday in a bid to provide a higher yield and many extra benefits to users who choose to lock their staked CAKE for a longer period of time.

PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is up by less than 4% so far today and is currently trading at $9.04.

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.