Announcing CAKE Lending Vault and Leveraged Yield Farming

Dear alpacas, We senior alpacas are excited to announce that we’re adding support for a CAKE lending vault as well as leveraged yield farming pools that borrow CAKE! We know many in the Herd have asked for this, so we’re happy to oblige. We will support 3 LYF pools for CAKE borrowing: BNB-CAKE (3x) BUSD-CAKE (3x) … Read more

This Week In DeFi – May 13

To the DeFi community, This week, TerraUSD took center stage for unfortunate reasons, as the third-largest stablecoin lost its peg – sending Terra’s native LUNA token into a “death spiral”. Kick-started by an apparent attack on the system, a significant de-pegging of UST to the dollar resulted in a rush to the exits by token … Read more

PancakeSwap December Recap — Ready For 2022

PancakeSwap Jan 7 · 8 min read IFO 3.0, the second round of trading battle, #PancakeChristmas event and NFT drops. The kitchen is cooking up something BIG! Data Recap Overall Total Volume: $35.4B Average Daily Volume: $1.1B Unique traders: 4.4M Unique onsite users: 15M 8 CAKE staker reward pools (syrup + boost) BNB won in … Read more

PancakeSwap November Recap — The Kitchen is Growing Fast

PancakeSwap Dec 7 · 9 min read The kitchen’s growing bigger and bigger! More chefs, more IFOs, TradingView charts, and… more stuff on the horizon SOON(TM)! Data Recap Overall Total Volume: $48.4B Average Daily Volume: $1.6B Unique traders: 5.5M (+24% MoM) Unique onsite users: 19M (+58% MoM) 12 CAKE staker reward pools (syrup + boost) … Read more

PancakeSwap Welcomes BENQI ($QI) to Syrup Pool!

PancakeSwap Nov 17 · 2 min read Dear CAKE holders, we’re proud to announce a new Syrup Pool with BENQI — a decentralized non-custodial liquidity market protocol on Avalanche. The Syrup Pool: Stake CAKE tokens to earn $QI tokens! Total Tokens: 3,000,000 QI Distribution duration: 60 days Start time: Approx. 11am UTC on November 18th … Read more