The decentralized exchange PancakeSwap will expand to the Aptos network.
According to the governance vote, the decentralized exchange has approved to participate in the Aptos network.
PancakeSwap Will Be On Aptos Network
The second largest DEX PancakeSwap expands to the Aptos network.
As part of the proposal, the exchange’s native token, CAKE, will be integrated into Aptos, along with four of the main features of the DEX.
The platform has joined the projects expanding to multiple blockchains using its native tokens. Being able to use native tokens on other chains compared to wrapped versions allows DeFi applications to run on multiple chains.
The DEX team has announced that it will make farms, pools, and farm offerings available by the end of November.
A representative from Aptos said that the Aptos and PancakeSwap teams will work to create Aptos projects and help them grow on the network. The decentralized exchange will also create liquidity pools for Aptos’ native token, APT.
The platform is the second largest decentralized exchange in terms of trading volume, according to data from The Block.
