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Pancakeswap Announces A Partnership With LayerZero

Twitter icon  •  Published 2 years ago on December 13, 2022  •  Hassan Maishera

The Pancakeswap team announced via Twitter on Monday that it has partnered with LayerZero, an omnichain interoperability protocol.

Pancakeswap Announces A Partnership With LayerZero

The Pancakeswap team announced via Twitter on Monday that it has partnered with LayerZero, an omnichain interoperability protocol. The partnership has seen the two entities launch the Aptos PancakeBridge. Thanks to the launch of this bridge, users can now enjoy an easy-to-use and low-fee bridging experience between BNB Chain and Aptos. With the new Aptos PancakeBridge, users will be able to bridge CAKE and USDT between BNB Chain and Aptos.

PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is down by 4% today and is currently trading at $3.750.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.