pancakeSwap

Pancakeswap is a decentralised exchange where one can trade, exchange, and own crypto. It delivers the users with various features that include token swapping; syrup pools, yield farming, NFT marketplace, and prediction markets that let users earn rewards. 

Company Details

• Founded: 2020
• Headquarters: Unoshima, Fukuoka, Japan  

Key Features:

• Built on the BNB (Build N Build) chain on which developers and innovators can develop decentralized applications as a part of Web3. 
• Users can earn money through the pool which is similar to staking and farming mechanisms.
• Offers yield farming opportunities where users can stake LP tokens to earn CAKE (PancakeSwaps's native token).
• Features a lottery system that gives users a chance to win large CAKE prizes. 

It raised a total funding of $4M over three rounds, and its most recent funding was raised from an Initial Coin Offering round on June 6, 2022. The recent investors of Pancakeswap include Binance Labs and JellyC. 

FAQs

1. What wallets does PancakeSwap support?

Trust Wallet, Binance Chain Wallet, MathWallet, and MetaMask.

2. What is the referral program?

Users can invite friends and earn a percentage of their friend's trading fees.