PancakeSwap Listing
What is PancakeSwap?
ancakeSwap is a fully automated decentralized exchange that acts as an automated market maker, of AMM. The PancakeSwap DEX employs no order books, no limit or market orders, and no bid or ask systems, making it entirely reliant on the involvement and the dynamics of user interactions. The users operating within the PancakeSwap system draw liquidity from the many liquidity pools available on the platform. The liquidity is then automatically rebalanced by other users who receive the benefit of accruing rewards for their provision of liquidity.
Such incentivization of users to provide liquidity and engage in the rebalancing of PancakeSwap makes the platform unique as both a trading venue and a resource where users can gain the benefits of decentralized finance services and passive income generation.