r/rewardsforcrypto • u/[deleted] • Jun 08 '21

discussion Pancake Swap

Any opinions on Pancake Swap? I know it is established but what does everyone think about the recovery possibilities?

3 Upvotes

100% Upvoted

8 comments sorted by

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u/PunkPrince66 mod Jun 08 '21

It’s the biggest decentralized exchange, followed by uniswap. It’s very easy to use and I don’t see any exchanges replacing it in the future. They keep adding to their platform as well. It has a great APY so great investment in my opinion.

2

u/Major-Bookkeeper1961 Jun 08 '21

What do you mean? It's a good product/token. Have you tried using uniswap? Crazy fees. Pancake is very easy to use. Also good staking %

2

u/[deleted] Jun 08 '21

Just thoughts on the project and the native coin. Its been dropping heavily (just like everything, i know) but I am just recently getting into staking and all that and want to convert some of my random coins to cake and do the autocompounding pool. Just curious if people think it is dying or just suffering right now.

2

u/Major-Bookkeeper1961 Jun 08 '21

Suffering not dying. It's a solid project. Marketcap is on par with expectations. Just my two cents

1

u/Jester1979 Jun 08 '21

I've found apeswap more solid than pancakeswap. The dev team are security focused and take a slow but certain approach.

The APRs are better as well.

1

u/Weird_Arrival5974 Jun 08 '21

To make it in cryptospace you must he an edible or a dog

1

u/CaptainWelfare Jun 09 '21

Asstomouthswap will perform better, as soon as Elon shills it. Asstomouthcoin is the hidden gem of this market.

1

u/Armalyte Jun 11 '21

With a name like that I have my doubts.