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 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.
