PancakeSwap Becomes First DeFi Project to Launch through the Binance Mini-Program

PancakeSwap Becomes First DeFi Project to Launch through the Binance Mini-Program

Mini Program Partnership

PancakeSwap has announced a partnership with Binance whereby it becomes ​​the first DeFi Project to Launch through the Binance Mini-Program. Confirmation of the exciting development came from an exclusive source from PancakeSwap and was also noted via their Medium on March 17. The move Seamlessly Use PancakeSwap within the Binance Application. “Dear CAKE holders, after working closely with the Binance team for the past several months, we’re extremely excited to reveal the beta launch of the PancakeSwap Mini Program in the Binance mobile application!” The team revealed via Medium. “Starting from today, access to PancakeSwap will gradually open to Binance mobile application users.” As the platform begins to add features to the Mini Program, the team is intent on the idea that this will be a significant step for PancakeSwap to further increase its user base, liquidity, trading volume, and have a further impact on BNB Chain. There was an immediate market reaction to the news as $CAKE saw a startling jump from $5.62 to $7.19 in just over an hour according to CoinMarketCap. The price has jumped almost 20% overall. With the coin having been in consolidation for a long while its users will be hoping this latest development will provide the impetus for a significant resurgence. 

More on the Mini Program

The launch of the PancakeSwap Mini Program will see direct access for users on the Binance mobile application and offers a seamless experience for users on Binance to enjoy. The intention is to bring more users toward PancakeSwap’s decentralized platform and this latest move may well make see that come to fruition.Users will effectively be able to create a wallet with Binance DeFi Wallet, allowing them to transfer funds and use PancakeSwap, all of this within the realms of Binance’s mobile application.

What is PancakeSwap?

PancakeSwap is a Decentralized Exchange (DEX) built on the 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.