How does DeFi Exchange like Pancakeswap Make money?

Alicewatson

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PancakeSwap permits you to stake CAKE to earn more CAKE, which is how the passive revenue is built.

There are two ways to start earning CAKE, Farms, and Pools. Farms are a method to provide liquidity to two tokens. In Farms you have to select two cryptocurrencies that you own and stake those as a pair. The token pair you stake is converted into a Liquidity Provider token. Say that I determine to use the BNB — CAKE farm, then I need to deliver BNB and CAKE to get BNB-CAKE LP tokens. Those LP tokens are put into the farm and you then start earning CAKE. Once you want to stop farming, you can transform your LP tokens back to your CAKE and BNB that you set in.

Also, you can get double benefit If you buy the pancakeswap clone script. You can earn lucrative profits from there. Want to get more money, check here,

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