CAKE (PancakeSwap)

Project basic information

Issue Time:01/09/2020

Total Supply:465,879,738.997389

Circulation:465,571,736.30573

White paper:https://docs.pancakeswap.finance/

Website:https://pancakeswap.finance/

Block Explorer:https://bscscan.com/token/0x0e09fabb73bd3ade0a17ecc321fd13a19e81ce82

Project Introduction

PancakeSwap is an automated market maker (AMM) — a decentralized finance (DeFi) application that allows users to exchange tokens, providing liquidity via farming and earning fees in return. It launched in September 2020 and is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. PancakeSwap uses an automated market maker model where users trade against a liquidity pool. These pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return.