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RE: PancakeSwap Is One Year Old | Data on TVL, Trading Volume, Users and Supply

in LeoFinance3 years ago

Very interesting datas as usual @dalz.

I feel PancakeSwap foundits balance as the token is making higher support zone every now and then. In addition, as you said 30% inflation is quite okay in the DeFi world.

The only issue is that Binance Smart Chain is kinda centralized and Binance has been the target of the US government, this is the only thing that keeps me from leveraging a long $CAKE vs other AMM coin.

They have also been innovating in their burn mechanism (lottery, NFTs, etc...) which is nice to see. It is not just a Uniswap clone.

Cheers and enjoy your sunday ;)

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Yep, the centralization of bsc can be an issue