您现在的位置是:PancakeSwap (CAKE) vs Sushiswap (SUSHI) >>正文
PancakeSwap (CAKE) vs Sushiswap (SUSHI)
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛6人已围观
简介Decentralised exchanges are platforms where users can conduct trades in a permissionless way without...
Decentralised exchanges are platforms where users can conduct trades in a permissionless way without any intermediary. DEX tokens are used as governance tokens and for staking. They can be as a store of value. DEXs support the operations of DeFi platforms.
PancakeSwap and Sushiswap are two of the most popular DEX platforms. They are both forks of Uniswap and are also automated market makers (AMMs). In essence, users provide liquidity pools by using the platform, thereby earning rewards.
PancakeSwap was developed on Binance Smart Chain by anonymous developers and launched in September 2020. It uses smart contracts to aid the swapping of tokens. Users can swap or exchange their LP tokens for another token. Also, it supports yield farming and staking of tokens. PancakeSwap can be accessed from Metamask, Trust Wallet, Ethereum Wallet, Binance Chain Wallet, and Math Wallet.
Sushiswap was released on the Ethereum network by Chef Nomi and 0xMaki in August 2020. However, ownership of the platform has been transferred to Sam Bankman-Fried. It can be accessed through Lattice, Coinbase Wallet, WalletConnect, and Metamask. Asides from yield farming and staking of tokens, users can also borrow and lend tokens. It uses the Minimal Initial Sushiswap Offering (MISO) to support the launching of new projects in its ecosystem.
Due to being forks of Uniswap, they share various similarities. However, the cost of a transaction differs, with users paying 0.2% on PancakeSwap and 0.3% on Sushiswap. Moreover, Sushiswap is more flexible than PancakeSwap. Between the two, PancakeSwap has more traders with a market cap of $2.17 billion to $906.6 million of Sushiswap.
Likewise, PancakeSwap supports NFTs and lottery in its ecosystem. It also has a separate token for unstaking CAKE. CAKE costs $8.15 right now, and SUSHi sells for $4.7. CAKE is the better DEX token of the two, and with the continuous adoption of the DEX, it will keep growing.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/637141.html
相关文章
UK’s unique heat
PancakeSwap (CAKE) vs Sushiswap (SUSHI)By subscribing, you agree to our Terms of Use and Policies You may unsubscribe at any time.Naked Ene...
阅读更多
Lido DAO to distribute LDO rewards via Aave v3
PancakeSwap (CAKE) vs Sushiswap (SUSHI)Lido DAO community has approved by over 99% of vote to allow for staking rewards distribution across...
阅读更多
AshSwap the first stable
PancakeSwap (CAKE) vs Sushiswap (SUSHI)Ho Chi Minh City, Vietnam, 11th February, 2023, ChainwireAshSwap, the first stable-swap DEX on the M...
阅读更多
热门文章
- Floating wind tech gets a boost: Gazelle & Tugdock team up
- Robinhood announces plans to delist Bitcoin SV (BSV) before end of January
- First autonomous pothole
- New tiny radar could detect movements 1/100th the width of human hair
- Tropicana turns its back on AI, rebrands as 'Tropicn'
- Aptos price up 249% in 14 days: Aptos NFT markets see increased activity
最新文章
Why have Some Exchanges not Released Proof of Reserves?
Binance to launch an NFT platform
Most crypto business leaders studied Computer science or MBA, Dan Ashmore tells CNBC
Bitcoin targets fresh rally past $58k
Dogecoin Price Poised Above Key Support Level: What’s Next?
Baby Alpha robot dog: Chinese firm unveils adorable robot dog