An Introduction: PancakeSwap DeFi

"DeFi" (for a more in depth description see: https://en.wikipedia.org/wiki/Decentralized_finance) is a term for various financial products on the blockchain that help crypto enthusiasts reap passive income while holding various cryptocurrencies.

Unlike projects built on the Ethereum blockchain such as Uniswap (https://uniswap.org/), PancakeSwap is built on the Binance Smart Chain (BSC). Compared to Ethereum's high transaction fees and relatively long wait times, BSC is much faster and charges pennies to complete transactions rather than dollars.

Facilitated by its fast, cheap transactions, profits from staking and liquidity farming are very high.

In addition, the project has deep pockets with millions already invested in the platform, so it is a relatively safe investment.

Finally, the native currency, CAKE, has shown a remarkable rise in value since its inception.

With all this action, it is safe to say that PankcakeSwap is a project worth investigating: https://pancakeswap.finance/

As always, this is not financial advice and should not be taken as such. Please consult with an expert and do your own research before investing.