PancakeSwap to Hold AMA on Telegram on October 24th
PancakeSwap will host an AMA on Telegram featuring Coral Finance on October 24th at 11:30 UTC. The discussion will address the DeFAI application layer and Coral Finance’s approach to developing a marketplace for early-stage alpha. Refer to the official tweet by CAKE: AMA Lineup: Explore the DeFAI application layer and learn how Coral Finance is building the marketplace for early alpha.🗓ï¸ Oct 24, 11:30 AM UTC 🎙ï¸ CAKE InfoPancakeSwap is a decentralized exchange (DEX) built on the Binance Smart Chain (BSC). It uses an automated market maker (AMM) model, which allows users to trade directly with a liquidity pool. These pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return. Users can also earn rewards by providing liquidity or staking LP tokens. The native utility token of PancakeSwap is CAKE, which can be used for staking to earn rewards, participating in lotteries, and voting in governance decisions.