The Binance-backed DeFi yield farming protocol PancakeSwap received a green signal from CertiK. The native CAKE token has been showing massive activity on Binance Smart Chain over the last week. With over 561k+ transfers in the last 7 days, $CAKE remains the most transferred token on BSC with nearly 40,000 unique addresses. With a large number of high-value transactions, PancakeSwap has changed the minimum transaction to $50k USD and more.
Author: Achal Arya
I am an entrepreneur and a writer with a bachelors degree in Computer Science. I manage the blockchain technology and crypto coverages at Coingape. follow me on Twitter at @arya_achal or reach out to me at achal[at]coingape.com.
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