PancakeSwap to Conduct Reward Distribution on January 31
PancakeSwap is set to conduct its next round of reward distribution on January 31.
More details can be found in the official tweet from CAKE
PancakeSwap
CAKE is a decentralized exchange (DEX) built on Binance Smart Chain (BSC). It uses an automated market maker (AMM) model that allows users to trade directly with liquidity pools. These pools are filled by users who deposit their funds and receive liquidity provider (LP) tokens in return. Users can also earn rewards by providing liquidity or staking LP tokens. PancakeSwap’s native utility token is CAKE, which can be used for staking to earn rewards, participating in lotteries, and voting on governance decisions.
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