PancakeSwap, BNB-based 'Token' Synthetic Asset Platform Unveiled

Source
YM Lee

Summary

  • PancakeSwap has announced the launch of a platform that allows the creation of synthetic assets without coding expertise.
  • This platform provides the ability to create and launch synthetic assets based on BNB.
  • PancakeSwap explained that such a feature was developed to satisfy the demand in the market.

Decentralized Exchange (DEX) PancakeSwap (CAKE) has launched a platform that allows the creation of synthetic assets without coding expertise.

According to a report by Cointelegraph on the 4th (local time), PancakeSwap announced that "the newly unveiled PancakeSwap Springboard provides users with the ability to create and launch synthetic assets based on Binance Smart Chain (BNB) without knowledge of coding."

Chef Kidd from PancakeSwap explained, "The simplification of token issuance is gradually becoming important in the market," and "Springboard was created to meet such demand."

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YM Lee

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