Singapore, Singapore, 18th September 2024, Chainwire

TL;DR PancakeSwap launches its first prediction bot on Telegram to predict BNB prices. The celebration campaign includes a drawing for $4,444 in rewards on September 22. The bot allows predictions to be made every 5 minutes with a minimum stake of 0.001 BNB.

Interest in prediction markets has been growing since the beginning of 2024 in the run-up to the US presidential election.

Amid the broader volatility, the DeFi tokens are making news with a potential breakout rally ahead. With the Uniswap team under pressure from the CFTC team and the fine of $175,000, PancakeSwap takes an interest in smart money.

This reduced its total supply by 9,171,676 CAKE tokens, equivalent to a staggering $15 million. Token burns like these are a critical part of PancakeSwap's tokenomics, helping to manage the supply of CAKE.

PancakeSwap has seen the price of its native token rise slightly after the multi-chain decentralized exchange announced it had burned more than 9 million of the tokens. The price of PancakeSwap (CAKE) rose by about 2.3% following the announcement.

The history of the decentralized exchange PancakeSwap

This burn event represents a substantial reduction in the circulating supply of CAKE. It is expected to have a positive impact on the token's value over time by decreasing supply.

TL;DR PancakeSwap has launched the beta version of its Quest platform, designed to simplify interaction with quests in the DeFi ecosystem. Quest unifies the management of its campaigns and those of its partners, addressing fragmentation in the DeFi ecosystem.

PancakeSwap announces a major airdrop of 2.4 million ZKsync tokens to reward its community.

PancakeSwap has so far burned more than 78 percent of the total CAKE supply to date, thus significantly increasing the value of the existing coins.

PancakeSwap, a leading decentralized finance (DeFi) network, made a bullish move to boost the project's growth. The platform has confirmed a massive token burn, destroying 8,820,499 CAKE coins (worth about $17 million) to reduce the asset's supply.

PancakeSwap has launched an airdrop campaign that started at 10:30 AM UTC on July 5 and will end at 10:30 AM UTC on August 5.

PancakeSwap announced it will distribute ZK tokens to the community through a reward program. The firm confirmed this in an official blog post.

PancakeSwap's unclaimed ZK tokens will be reallocated to its ecosystem for future development and other community initiatives.

Participants are now able to take advantage of a new community reward program from leading multichain decentralized exchange PancakeSwap, which started July 5 at 10:30 a.m. UTC.

Decentralized crypto exchange PancakeSwap (CRYPTO: CAKE) on Friday revealed plans to distribute 2,452,128 ZK tokens to its community through an airdrop. The announcement comes as the platform celebrates milestones on the ZKsync network (CRYPTO: ZK).

TL;DR PancakeSwap will conduct an airdrop of 2,452,128 zkSync (ZK) tokens from July 5 to August 5, 2024, as a token of appreciation to its community for their continuous support. The DEX has surpassed $3.6 billion in trading volume, reached $5.8 million in TVL, and registered over 1.9 million active traders in the past year.

Decentralized exchange (DEX) protocol PancakeSwap is airdropping a massive 2.4 million ZKSync (ZK) tokens to its users, according to an announcement on Friday.

The airdrop initiative is part of PancakeSwap's broader strategy to enhance user engagement and strengthen its position in the DeFi space.

PancakeSwap, a major decentralized exchange, has unveiled plans to distribute over 2.4 million zkSync (ZK) tokens to its community. This significant airdrop comes at a sensitive time for the zkSync ecosystem, coinciding with recent allegations against Matter Labs, zkSync's developer.

PancakeSwap will airdrop 2.4 million ZK tokens to reward its community and boost zkSync PancakeSwap engagement.

PancakeSwap has launched a new prediction market on Arbitrum in collaboration with Allora, an AI and ML firm.

The famous decentralized exchange PancakeSwap has just launched a prediction market based on AI on the Arbitrum blockchain.

PancakeSwap has launched an AI-powered Prediction Market on Arbitrum, allowing users to forecast Ether price fluctuations with data supplied by Allora Networks machine-learning capabilities. PancakeSwap Teams Up with Allora to Launch AI-Driven Ether Prediction Market on Arbitrum PancakeSwaps AI-powered market now enables Arbitrum users to forecast Ether price fluctuations, utilizing Alloras machine-learning data to ensure precision.

TL;DR PancakeSwap has announced the launch of a prediction market on Arbitrum powered by AI and offering substantial prizes for participants. The platform aims to expand its ecosystem through new functionalities on Arbitrum, with price predictions occurring every 10 minutes. A 9-week campaign will be launched with $60,000 in ARB as prizes.

PancakeSwap, a decentralized multichain trading protocol, has officially unveiled a new AI-powered predictions market. The DeFi protocol revealed in an announcement on Wednesday, June 26 that the predictions market is now on Ethereum Layer-2 network Arbitrum.

PancakeSwap, a decentralized exchange, has unveiled its AI-powered prediction market on the Arbitrum network. It is driven by the Allora Network's artificial intelligence model.

Arbitrum users can now predict Ether price movements with PancakeSwap's AI-powered market, leveraging Allora's machine-learning data for accuracy.

CupcakeHop by Bril Finance integrates AI for optimized DeFi investment strategies and real-time risk management on PancakeSwap.

PancakeSwap destroys 10,068,711 CAKE tokens, reducing supply significantly.

A new protocol that searches for the best cross-chain returns.

This important BNB dapp received a grant from Arbitrum. The main goal is to boost the Arbitrum and PancakeSwap ecosystem.

Gas-free transactions remove a major hurdle for new DeFi users and simplify the trading process.

A simplified and gas-free trading experience: all the details

TL;DR PancakeSwap integrates Zyfi to offer gas-free transactions on certain token pairs, potentially attracting more users to DeFi. The integration of Zyfi eliminates the need to acquire Ether to pay transaction fees on Ethereum, allowing the use of over 10 different ERC-20 tokens.

The simplified trading experience could help PancakeSwap attract a larger market share from centralized exchanges.

Crypto analyst Miles Deutscher highlighted a significant bullish movement in Bitcoin, driving speculation about the best altcoins to watch. He noted Bitcoin's impressive rise to over $71,000, marking a potentially pivotal moment for the crypto market.

Binance to delist several spot trading pairs to maintain market quality.

TL;DR Fee Reimbursement Campaign: PancakeSwap is offering to refund $8 million in interface fees to Uniswap users who match their trading volume on PancakeSwap v3, from May 16 to August 15, as a strategic move to attract traders after Uniswap increased its fees.

Interface fees on Uniswap are the charges incurred by traders when executing token swaps using the protocol's wallet interface and web app.

PancakeSwap has initiated a campaign to reimburse traders for interface fees incurred by its competitor Uniswap from May 16 to Aug. 15.

PancakeSwap is reimbursing up to $8 million in fees for traders matching their Uniswap v3 volume on PancakeSwap v3 from May 16 to August 15, 2024.

PancakeSwap will pay up to $8 million to Uniswap eligible traders who have paid high interface fees on its competitor's platform.

While not all cryptocurrencies are equally risky, these are three cryptos to avoid as the SEC and CFTC crack down on exchanges this year.

Ethereum recorded unexpected growth in its stablecoins volume in April, led by the increasing use of DAI.

PancakeSwap, a leading multi-chain decentralized crypto exchange (DEX), has recently enhanced its platform by integrating Orbs' dLIMIT and dTWAP protocols, marking a significant evolution in the decentralized finance (DeFi) landscape.