CAKE, the token that powers PancakeSwap, the BNB Chain alternative of decentralized exchanges like Uniswap and SushiSwap, is used for liquidity mining rewards and grants holders governance rights over the protocol. The total value locked on Pancake Swap stands at $1.81 billion, a roughly 9% decrease in the past seven days, per DeFi Llama.
Arbitrum Users Can Now Trade Bitcoin Mining Power With Each Other
The Lumerin Hashpower Marketplace allows Bitcoin miners to easily buy and sell capacity to interested peers and non-miners, allowing purchasers...