Pancakeswap

  Launched on 20 September 2020, PancakeSwap is a BSC DEX using a permissionless liquidity pool that is fully automated and run by algorithms. The use of this pool start algorithm makes PancakeSwap an automated market maker. Pancakes at a glance Delicious DeFi on PancakeSwap. Image via  Pancakeswap.finance Why is it called PancakeSwap? Well, it just follows the trend of decentralized finance that uses the food symbol. First there was SushiSwap, then BakerySwap and now we have PancakeSwap. There are also many other food-themed projects and tokens in the DeFi area. As for PancakeSwap, they use the delicious CAKE token which is the BSC BEP-20 token and the equally delicious SYRUP checker. PancakeSwap offers fast transactions and lower fees than DeFi projects based on Ethereum. As the number one platform, AMM on BSC PancakeSwap can be seen in the same league as ERC-20 based AMMs such as SushiSwap and Uniswap. If you have never used AMM before, it is an exchange that allows users t...