PancakeSwap to Hold AMA on X on May 14th

PancakeSwap to Hold AMA on X on May 14th

PancakeSwap will host an AMA on X on May 14th at 15:00 UTC. A platform representative is scheduled to outline the Infinity initiative alongside updates to CAKE Tokenomics 3.0.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.

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