CDS Collaboration PancakeSwap Collaborates with Speedify for the Exclusive Syrup Pool
Collaboration

PancakeSwap Collaborates with Speedify for the Exclusive Syrup Pool

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PancakeSwap Collaborates with Speedify for the Exclusive Syrup Pool

PancakeSwap, a prominent decentralized exchange (DEX) platform, has launched a collaboration with Speedify, a launchpad and incubator focused on blockchain games. The respective partnership focuses on developing its own Syrup Pool. DEX announced this on Twitter, stating that the duration of respective pool will be 10 days.

PancakeSwap Collaborates with Speedify for the Exclusive Syrup Pool

PancakeSwap Collaborates with Speedify for the Exclusive Syrup Pool

The platform also informed the community that Speedify has contributed a total of up to 17,700 SFUND tokens in this regard. Additionally, PancakeSwap has a maximum limit of 100 CAKE tokens for the entire period. According to the exchange, Speedify’s platform is compatible with Metaverse-related projects, AI projects, NFT projects, and blockchain-based games.

Separately, the positioning of the SFUND token is also discussed. According to DEX, it is known as the leading utility token that works in the Spееdify ecosystem. The decentralized exchange also noted that consumers operating or deploying SFUND would be eligible for an allocation of Speedify’s Initial NFT Offering (INO) and Initial Gaming Offering (IGO).

PancakeSwap Collaborates with Speedify for the Exclusive Syrup Pool

The decentralized exchange platform further states that consumers can earn additional seed staking-related points to earn tokens from Spееdify’s incubated projects. A few days ago РancakeSwap released version 3. The platform has since released its own roadmap. This takes into account the strategy of exclusive features offered by the company and measures focused on controlling inflation of the CAKE token.

РancakeSwap is now also deployed on Ethereum and Aptos. It continues to grow its presence across the DeFi ecosystem. In a recent AMA session, РancakeSwap’s product manager said version 3 is important to the platform’s desire to continue expanding.

According to the board, the company intends to bring other notable opportunities to other well-known and robust blockchain platforms. This explains the expansion of CAKE to take advantage of the recent growth of the multi-chain sector. In particular, the РancakeSwap development team claimed that an exclusive version could offer the locked utility of the CAKE token to the rest of the blockchain entity.

Source

www.blockchainreporter.net

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Crypto Data Space
Written by
ali009

The author is 28 year old student recently graduated from Celal Bayar University, Faculty of Medicine. Currently he works as a writer and translator for different platforms.

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