
PancakeSwap to Update Syrup Pools
PancakeSwap has announced key updates to its Syrup Pools on the BNB Chain in light of the upcoming BNB Hardfork on April 29. Ten pools will be deprecated on April 28th at 12:00 UTC, and eight pools will migrate to new contracts on April 29th at 12:00 UTC.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.