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Zenger
Zenger
Lennox Kalifungwa

PancakeSwap To Share Trading-Fee Revenue With Stakers, Boosting Rewards

A stock-trading monitor. Urja Global, listed on the Indian stock exchanges surged up over 40% after the company announced partnering with Tesla Power India Private Ltd last week. PancakeSwap's total v3 trading volumes have already crossed $12.5 billion, signaling substantial potential rewards for Fixed-Term CAKE stakers. LORENZO CAFARO FROM PIXABAY.

PancakeSwap (CRYPTO: CAKE), a decentralized exchange (DEX), is set to share a portion of its trading-fee revenue with stakers of its native token to enable them to earn more rewards.

“PancakeSwap is a quick and cheap decentralized exchange,” said Coindesk’s website.

The Revenue Sharing Pool (RSP) initiative will see Fixed-Term CAKE stakers receive 5% of the trading fee revenues from all PancakeSwap v3 pairs with 0.01% and 0.05% fee tiers on a recurring and weekly basis.

“Fixed-Term CAKE stakers will not only enjoy the APR from staking CAKE, but will also earn real yield directly from the revenues of PancakeSwap’s v3 trading fees,” said Benzinga.

A stock-trading monitor. Urja Global, listed on the Indian stock exchanges surged up over 40% after the company announced partnering with Tesla Power India Private Ltd last week. PancakeSwap’s total v3 trading volumes have already crossed $12.5 billion, signaling substantial potential rewards for Fixed-Term CAKE stakers. LORENZO CAFARO FROM PIXABAY.

The RSP, which launches on Aug. 9, is also a sustainable and rewarding model for CAKE Zenger News.

By directly profiting from the growth of the PancakeSwap protocol, CAKE Zenger News participate in a new sustainable model that benefits the entire community.

To claim rewards, users must click “Claim” in the Locked CAKE Benefits pop-up on PancakeSwap. Throughout August, the “kitchen” will inject extra rewards from the revenue accumulated during June and July this year.

The first four distributions will each receive 25% of the revenue-sharing rewards from June and July.

A stock-trading monitor. Urja Global, listed on the Indian stock exchanges surged up over 40% after the company announced partnering with Tesla Power India Private Ltd last week. PancakeSwap’s total v3 trading volumes have already crossed $12.5 billion, signaling substantial potential rewards for Fixed-Term CAKE stakers. LORENZO CAFARO FROM PIXABAY.

The explosion of decentralized finance (DeFi) has unlocked new financial iterations that revolve around autonomy, speed and inclusion – a combination lacking in the traditional financial realm.

This is especially true for the budding decentralized exchange (DEX) sector, where users increasingly engage with autonomous markets anchored by blockchain technology.

A prime example of such a market is PancakeSwap, the BNB Chain (formerly Binance Smart Chain) variant of decentralized exchanges like UniSwap (UNI) and SushiSwap (SUSHI).

Edited by Deborah .C. Amirize and Judy J. Rotich

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