PancakeSwap to Launch Infinity CAKE Emission Program

PancakeSwap has introduced the Infinity CAKE Emission Program, under which liquidity providers in Hook-enabled pools will receive CAKE rewards and developers deploying Hooks may obtain ecosystem support. The initiative allocates up to 1,440 CAKE per day to eligible pools.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.