PancakeSwap Joins Forces with Speedify for the Exclusive Syrup Pool
The prominent decentralized exchange (DEX) platform PancakeSwap has started a collaboration with Speedify (a blockchain gaming-centred launchpad and incubator). The respective partnership is focused on developing an exclusive Syrup Pool. The DEX announced this on Twitter and noted that the duration of the respective pool will be 10 days.
🎉Proud to announce a new Syrup Pool with Seedify (@seedifyfund)
🥞Stake $CAKE to earn $SFUND!
⏰ Starts: 17 Apr 07:30 UTC
Learn more⬇️ pic.twitter.com/8xXrOdtMYZ
— PancakeSwap🥞Ev3ryone’s Favourite D3X (@PancakeSwap) April 17, 2023
PancakeSwap and Speedify Collaborate for Unique Syrup Pool
The platform also informed the community that Speedify offered up to 17,700 SFUND tokens in total in this respect. In addition to this, PancakeSwap has a limit of up to one hundred CAKE tokens for the whole duration. As per the exchange, Speedify’s platform is compatible with Metaverse-related projects, AI projects, NFT projects, and blockchain-based games.
Apart from that, it also discussed the position of the SFUND token. As per the DEX, it is known as the chief utility token that operates on the ecosystem of Speedify. The decentralized exchange also mentioned that the consumers, though farming or staking SFUND, can meet the eligibility for the Initial NFT Offering (INO) and Initial Game Offering (IGO) allocations of Speedify.
The DEX Launches Its V3 Upgrade to Offer More Convenience to the User Base
The decentralized exchange platform moved on to say that the consumers can additionally obtain seed staking-related points for earning tokens from the incubated project of Speedify. A few days back, PancakeSwap released version 3. Following that, the platform has released its exclusive roadmap. This takes into account the strategy for exclusive features to be provided by the company as well as the measures focused on controlling the inflation of the CAKE token.
PancakeSwap has now also been deployed on Ethereum and Aptos. It is continuously increasing its presence throughout the DeFi ecosystem. In an AMA session conducted recently, the product manager of PancakeSwap mentioned that version 3 is crucially important to the ambition of the platform to have further expansion. In the words of the executive, the firm intends to the rest of the prominent and resilient blockchain platforms to get additionally remarkable opportunities.
The majority of the present development on the platform is directed toward offering functionality according to the expectations of the community. This takes into account the expansion of CAKE to leverage the recent growth in the multichain sector. Particularly, the developer team of PancakeSwap asserted that the exclusive versions can offer the locked utility of the CAKE token to the rest of the blockchain entities.
