PancakeSwap Voting to Continue Deployment on Aptos

PancakeSwap is now the dominant DEX on both BNB Chain and Aptos. The community is voting now to continue the $CAKE protocol’s multichain deployment.

99% of Users Say ‘Aye’ to Aptos

PancakeSwap quickly rose to become the top DEX on Aptos blockchain, and it appears the $CAKE-loving community is overwhelmingly in favor of continuing this multichain endeavor.

PancakeSwap, which of course, is the dominant Decentralized Exchange (DEX) on BNB Chain, is currently holding a vote on a proposal to continue and build on the deployment to Aptos.

As of the time of publication, more than 99% of the votes favor the proposal.

The proposal notes PancakeSwap has 14 farms deployed on Aptos, with APRs consistent with or higher than offerings from other DEXes on Aptos.

As for future plans for Aptos, the DEX chefs aim to attract more Aptos-based projects, enhance their own product offerings, and leverage its position on BNB Chain to attract Aptos projects to BNB Chain and vice versa — with the goal of improving $CAKE burn.

What is Aptos:

Aptos is a new, independent project focused on delivering the safest and most production-ready Layer 1 blockchain in the world. The team includes the original creators, researchers, designers, and builders of Diem, the blockchain that was first built to serve this purpose.

Where to find Aptos Labs:

Website | Twitter | Telegram | Medium | Discord |

What is PancakeSwap:

PancakeSwap is a Decentralized Exchange (DEX) built on BNB Chain. It offers users various features such as Liquidity Pools, Swapping, Yield Farming, Syrup Pools, Automated Market Maker, Initial Farm Offering (IFO), NFT profile system, and many others.

In addition, the protocol helps users make the most out of their crypto assets by trading, earning through yield farming, and winning via lottery, prediction, and NFT collectibles. With the highest trading volumes in the market, PancakeSwap is the leading DEX on the BNB Chain.

Where to find PancakeSwap:

Website | Twitter | Medium | GitHub

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