The New PancakeSwap on Polygon? DinoSwap Hype Rises Ahead of Launch
DinoSwap, a yield farming platform on Polygon, which works similarly as PancakeSwap farming pools, is launching this week. It launches with investments from top DeFi funds, such as Defiance, Hashed, Spartan Group, and DFG, as well as the founder of Polygon, Sandeep Nailwal. Why the Positioning of DinoSwap on Polygon is Unique Polygon has been […]
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DinoSwap is launching this week, on July 17. It is similar to PancakeSwap but on Polygon, the up-and-coming blockchain protocol with high user demand.
High yield opportunities and a steady resurgence in DeFi tokens helped push DinoSwap’s TVL above $330 million just one week after launch. Decentralized finance (DeFi) remains one of the fastest-growing subsectors of the cryptocurrency ecosystem and newly launched platforms looking to grow their userbase and attract liquidity typically offer high-interest staking pools for the first few weeks after launching. One new project that has steadily gained traction in terms of user growth and total value locked (TVL) since farming went live is DinoSwap (DINO), a Polygon network-based cross-chain....
Centralized and decentralized exchanges are stepping up their game, with the upcoming launch of Uniswap v3, competition in the sector is bound to be fierce. PancakeSwap’s second iteration is also around the corner. CAKE holders will be able to profit. In a recent vote, PancakeSwap’s community decided to approve a feature called the “Big Burn”. […]
Developers cite business development opportunities, protocol expansion and the technical capabilities of the Aptos chain as the main reasons for the proposal. On Oct. 20, developers of the popular decentralized exchange, or DEX, PancakeSwap proposed deploying its mainnet on layer-1 blockchain Aptos.Currently, PancakeSwap is based on BNB Chain and processes about $47 million worth of trading volume each day. However, its developers have introduced the DEX's first multichain migration proposal after the launch of Aptos on October 17, writing: "Aptos is a next-generation L1 with low....
Robonomics has announced the integration of XRT on the Binance Smart Chain ecosystem. Now, XRT is available for trading on PancakeSwap, the decentralized exchange on BSC with the biggest daily trading volume of $1 billion. Trading XRT on PancakeSwap started today. Partnership with AnySwap for the development of a bridge of $XRT ERC-20 to BEP-20 […]