PancakeSwap announces a live stream on YouTube featuring a representative from the Garden team to discuss integrating Bitcoin into DeFi.
Points
- PancakeSwap to host a live stream on YouTube on July 22nd at 13:00 UTC.
- The live stream will feature a representative from the Garden team.
- Discussion will focus on integrating Bitcoin into DeFi.
- PancakeSwap uses an automated market maker （AMM） model on the Binance Smart Chain （BSC）.
PancakeSwap, a leading decentralized exchange （DEX） on the Binance Smart Chain （BSC）, has announced a live stream on YouTube scheduled for July 22nd at 13:00 UTC. The event will feature a representative from the Garden team and will focus on integrating Bitcoin （BTC） into decentralized finance （DeFi）.
Coindar
PancakeSwap employs an automated market maker （AMM） model, allowing users to trade directly with liquidity pools. These pools are filled by users who deposit funds and receive liquidity provider （LP） tokens in return. Users can earn rewards by providing liquidity or staking LP tokens. PancakeSwap’s native utility token, CAKE, is used for staking, participating in lotteries, and governance decisions.
The live stream is part of the Pancake Talks series, aimed at educating the community and providing updates on the platform’s developments. In this special episode, Dude from the Garden team will join the discussion to explore how to seamlessly integrate Bitcoin into DeFi, enhancing the ecosystem’s capabilities and user experience.
PancakeSwap v4@PancakeSwapThis week, Pancake Talks brings you a double episode! 😎
We want to welcome Dude @sivakoushik from the @garden_finance team for a special episode this Tuesday🎙
Tune in at 13 UTC to discover how to seamlessly bring BTC to DeFi!
Jul 22, 2024
解説
- PancakeSwap’s upcoming live stream highlights its commitment to community engagement and education, offering
valuable insights into DeFi developments.
– Integrating Bitcoin into DeFi represents a significant advancement, potentially increasing liquidity and expanding use cases for Bitcoin within decentralized ecosystems.
– The AMM model employed by PancakeSwap allows for efficient and seamless trading, with liquidity providers earning rewards through staking and liquidity provision.
– PancakeSwap’s native token, CAKE, plays a crucial role in governance, staking, and other platform activities, emphasizing the importance of community participation in decision-making processes.
– The live stream provides an opportunity for users to learn about innovative DeFi solutions and stay updated on the latest developments within the PancakeSwap ecosystem.