Binance's New Yield Farming Protocol PancakeSwap Promises Staking and Low Transaction Fees ? ZyCrypto
Binance launched another yield farming protocol, PancakeSwap, a new platform that will enable users to provide liquidity using BEP20 tokens on the Binance Smart Chain.
While acknowledging that the DeFi market doesn't need another food-based yielding protocol, Binance stated that PancakeSwap introduces a new staking feature and will eliminate the high transaction fees problem on Ethereum.
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