PancakeSwap Is The Best DeFi Protocol! Here’s Why!

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You must be wondering what this food-themed crypto platform called PancakeSwap is and what the hype is all about. Well, Pancakeswap is when you swap or trade pancakes with a family member, friend, visiting guest, or distant cousin on a Saturday morning.

No, not really.. It’s actually a Binance Smart Chain-based DEX created by a group of anonymous developers that enjoy breakfast meals and rabbits. It has some similarities to Ethereum’s SushiSwap community governance token but with the added benefit of farming liquidity provider tokens. But it has a lot more features that earn you rewards.

PancakeSwap is the second most popular decentralized exchange (DEX) on Binance Smart Chain (BSC), and it has grown in popularity due to its high liquidity, extensive feature set, and rapidly expanding user base. What makes PancakeSwap better than the others on BSC is thanks to its automated trade that utilizes smart contracts as a decentralized exchange, eliminating any liabilities.