What is PancakeSwap (CAKE)?

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PancakeSwap is a decentralised exchange native to the BNB Chain, focusing on BEP20 tokens. In addition to the capabilities of a traditional crypto platform, like swapping, trading, yield farming, staking, and NFTs, PancakeSwap also offers several proprietary features including Initial Farm Offerings (IFOs), Yield Farms, Syrup Pools, PancakeSwap Lottery, Prediction Markets, and NFT Collectibles.

Market cap

$0 0.00%

Circulating supply

0 CAKE

Total supply

unlimited
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Mission

Although PancakeSwap doesn’t have an official mission statement, they are proud to call themselves The People’s Choice. As the leading decentralised exchange by trading volume, PancakeSwap has a “why pay more” attitude, citing their much lower transaction fees than other top decentralised exchanges and decentralised nature as part of the reason for their success in the crypto community.

Team

PancakeSwap is an open-source project that was founded by a group of pseudonymous developers in September 2020, and has since grown to nearly 20 members strong. The team includes business managers, developers, artists, designers, community managers, and more.

To learn more about the team, read PancakeSwap’s whitepaper.

CAKE Markets

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CAKE Use Cases

PancakeSwap Staking

Users can stake CAKE to earn more tokens. All you have to do is lock your crypto into a staking pool for a predetermined time and the rest is handled by the platform. Your rewards are based on the amount and length of time you stake for.

Rise and Fall Predictions

With smart contracts, users can predict whether the price of either BNB or CAKE will fall or rise. If they guess correctly, they win! Test your luck (or market knowledge!) on another of PancakeSwap’s unique services.

Initial Farm Offering

Another feature unique to PancakeSwap is its Initial Farm Offering (IFO) protocols. IFOs let you get early access to PancakeSwap's new tokens as soon as they are added. By being one of the first to have a new token, you can benefit from higher rewards.

Travel

At Travala.com, we offer more than 3,000,000 travel products in over 230 countries available for purchase with BTC. Plus, you’ll receive a 2% giveback in AVA, Travala.com’s native cryptocurrency, on every accommodation booking.

Travala.com’s intuitive booking experience is designed to be familiar and simple to navigate. Travellers simply choose their desired travel product(s), enter their details, and select from the variety of available payment options , including traditional credit and debit cards, BTC, and 90+ other cryptocurrencies.

How to Pay with CAKE

Visit Travala.com and search for a hotel, home, flight, or other travel product by entering your destination and dates.

Select your desired choice from the available options.

Enter the required traveller details.

Select Crypto as your payment method, then select CAKE.

Click Complete Reservation. In your CAKE Wallet, input the generated address by scanning the provided QR code or by copying the text. Ensure that the exact CAKE amount is entered and send the payment.

Click Payment sent. Your transaction will be processed and you will receive a confirmation email once your voucher or e-ticket is available.

Buy, Sell and Trade CAKE

Exchanges where you can buy, sell and trade CAKE:

Store CAKE

Store your CAKE securely with the following wallets:

Are you an exchange or wallet provider that supports CAKE? Contact us to have your platform added to the lists above.

FAQs

1. How Many Services Does PancakeSwap Have?

PancakeSwap offers some of the most services of any DEX. Their services include:

  • Spot Trading
  • Yield Farming
  • Syrup Pools
  • Prediction Market
  • Lottery
  • Perpetual Futures Trading
  • Initial Farm Offering
  • NFTs

2. What is the PancakeSwap Lottery?
3. Is PancakeSwap better than Uniswap?
4. Does Pancake Swap Verify Users?