Pancakeswap

Decentralized Finance (DeFi) has been making headlines for the past year and has massively gained users and market capitalization. DeFi refers to financial services utilizing smart contracts. These contacts are automatically enforceable agreements that do not require an intermediary such as a bank but rely on blockchain technology.  Between December 2019 and now, the DeFi industry has grown from $700 million to $74.96 billion. It represents about 5.3% of the total crypto market space. This article will then focus on…

A quiet battle rages behind the scenes of the decentralized exchange (DEX) community. The recent surge in the decentralized finance (DeFi) sector has driven interest in DEXes to new heights. There are currently a variety of top-performing DEXes in the market. Each platform introduces new features and services based on its technical structure. Here are the differences between the four major contenders in the market - Uniswap vs. SushiSwap vs. PancakeSwap vs. MDEX. Uniswap Uniswap is the largest Ethereum Dapp…

The decentralized financial system is home to popular protocols and decentralized applications running on a blockchain network such as Ethereum. These protocols include decentralized exchanges, which provide tools for converting and trading digital assets while excluding an intermediary’s involvement. PancakeSwap (Official Website) operates as a DEX ecosystem enabling users to trade BEP-20 tokens. Unlike other platforms that run on the Ethereum blockchain, PancakeSwap exists on the Binance Smart Chain, leveraging its fast execution speeds and lower transaction charges. The DEX…

Bogged Finance leverages an advanced trading interface and decentralized token to introduce some new features and a unique business model to the market. The developers behind the concept seek to bring DEX users to access to various tools usually allocated to centralized exchanges, such as limit orders. The platform integrates a smart contract deployment mechanism that enables the BOG token to run protocols in real-time to accomplish this task.  What Problems Does Bogged Finance Attempt to Fix? Currently, PancakeSwap users…

This year has seen the restructuring of the crypto sector in many different ways. The DeFi and NFT sectors' growth has greatly strained older blockchains, such as Ethereum. These networks were built in a way designed to increase their fee structure based on the blockchain's congestion. Unfortunately, this design flaw has created record-high gas fees for users. These fees have left many in the market searching for viable alternatives.  One option that has seen considerable growth due to these factors…

This year has been an exciting one for crypto investors so far. The introduction of new sectors and technologies has reshaped the landscape of the industry. These changes have ushered in exciting opportunities for developers and investors alike. While it may seem impossible to keep track of these developments, some have resin above the competition to become major points of interest. Here are 10 projects to watch in 2021. Avalanche (AVAX) Avalanche can be considered a "platform of platforms." The…