PancakeSwap, a leading decentralized exchange (DEX), has unveiled several significant developments. The most significant being the launch of its
prediction Telegram bot, which combines AI technology to forecast BNB prices. It is the
first-ever prediction bot in DeFi. PancakeSwap also announced a burning of CAKE tokens, totaling worth $15 million to help control supply. The DEX platform launched version 4, aiming to
improve trading efficiency and also plans to distribute about 2.4M ZK Tokens as rewards to the community. The V3 launch on the BNB Chain and Ethereum has been praised by 'The Defiant' and the company has also initiated a proposal to
reduce the CAKE token supply by 40% and has rolled it out to its vast user base. Other remarkable developments include a partnership with Zyfi for gas-free trading, the release of a new AI-powered portfolio management tool, and a recent $18M worth of CAKE tokens burn. PancakeSwap is also offering to cover the interface fees for Uniswap users and launched a zkSync token reward initiative due to rising volumes. The platform has also introduced 'Affiliates' to expand user satisfaction and interest.
PancakeSwap News Analytics from Mon, 30 Oct 2023 07:00:00 GMT to Wed, 11 Sep 2024 15:30:40 GMT -
Rating 5
- Innovation 8
- Information 7
- Rumor -2
