BNB

PancakeSwap Teams Up with LayerZero Labs Announcing Launch of Aptos PancakeBridge

by BSC News

December 12, 2022

chain

PancakeBridge grows to Aptos as the CAKE token keeps cooking on new blockchain networks.

New BNB Chain Bridge to Aptos Via PancakeSwap

PancakeSwap has announced a new partnership with LayerZero Labs to bring access to the PancakeBridge and the CAKE token to Aptos Network.

Using the OFT (Ominichain Fungible Tokens) standard from LayerZero Labs, the CAKE token has gone multi-chain. The CAKE token is now available on Aptos as well as a variety of EVM blockchains via the PancakeBridge. 23

“We believe this is a monumental step in the cross-chain journey of the CAKE and PancakeSwap ecosystem,” writes Chef Berries in the December 12 Medium.

With the new bridge over to Aptos, PancakeSwap has created new trading pairs accessible across the networks. Users can trade 1:1 for CAKE-APT, CAKE-USDC (LayerZero), CAKE-USDC (Celer).

Check out Chef Berries’ Medium blog post for a step-by-step on how to start bridging today.

What is PancakeSwap:

PancakeSwap is a Decentralized Exchange (DEX) built on BNB Chain. It offers users various features such as Liquidity Pools, Swapping, Yield Farming, Syrup Pools, Automated Market Maker, Initial Farm Offering (IFO), NFT profile system, and many others.

In addition, the protocol helps users make the most out of their crypto assets by trading, earning through yield farming, and winning via lottery, prediction, and NFT collectibles. With the highest trading volumes in the market, PancakeSwap is the leading DEX on the BNB Chain.

Where to find PancakeSwap:

Website | Twitter | Medium | GitHub

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