The 2021 bull market has ended, and since the bear market began, BSC has been ignored, making it difficult for any projects to emerge. Recently, the trending meme, Why Cheems, also experienced a sharp decline after launching its contract on BSC. With CZ's return, there may be a new round of wealth effects to observe after some initial support.
PancakeSwap is the number one AMM and yield farm on the Binance Smart Chain. It not only allows users to trade, store, and stake assets but also to participate in various lotteries. On PancakeSwap, users can trade BEP-20 tokens and stake CAKE to earn rewards in Binance Coin cryptocurrency. PancakeSwap is also the liquidity mining pool for the CAKE token and a profitable agricultural service provider. PancakeSwap employs an Automated Market Maker ("AMM") mechanism, enabling exchanges on the Binance Smart Chain. It is fast, low-cost, and allows anyone to participate.
