The Coin Detective
Coins:
1764
Market cap:
$ 2265.80B
Volume 24h:
$ 72.30B
BTC dominance:
51.6%

PancakeSwap (CAKE) is Coming to the BASE Network! What is the BASE Network and Why is it Important? - COINTURK NEWS

By en.coin-turk.com on August 31, 2023


We have seen many smart contract platforms enter our lives in the crypto world in 2023. BASE was one of them. Just as token printing lost its appeal in previous years, now everyone launching their own network could lead to a similar process. This situation also has the potential to negatively affect the prices of layer1,2 solutions that have reached significant prices in 2021 and the altcoin prices. PancekeSwap (CAKE) PancakeSwap, the second largest decentralized exchange, has launched on the Ethereum layer 2 scaling solution Base, incubated by Coinbase. In the announcement made by the team today, it was mentioned that Base built on OP Stack in collaboration with Optimism is a good alternative with lower transaction fees. At the same time, BASE stands out with fast confirmations and advanced capital efficiency. This makes it attractive for DeFi platforms. BASE had previously announced that it would not airdrop in any […]

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Related coins: PancakeSwap, Base Protocol