PancakeSwap will host a meetup in Jakarta, scheduled for May 30th. The event will take place from 07:00 to 11:00 UTC, bringing together enthusiasts of decentralized finance and cryptocurrency.
CAKE Info
PancakeSwap is a decentralized exchange (DEX) built on the Binance Smart Chain (BSC). It uses an automated market maker (AMM) model, which allows users to trade directly with a liquidity pool. These pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return. Users can also earn rewards by providing liquidity or staking LP tokens. The native utility token of PancakeSwap is CAKE, which can be used for staking to earn rewards, participating in lotteries, and voting in governance decisions.
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