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Pancakeswap Introduces A New Prediction Market

Twitter icon  •  Published 2 years ago on June 28, 2022  •  Hassan Maishera

The Pancakeswap team announced via Twitter on Monday that it has launched a new prediction market, the Cake Prediction.

Pancakeswap Introduces A New Prediction Market

The Pancakeswap team announced via Twitter on Monday that it has launched a new prediction market, the Cake Prediction. Users can now predict if the price of CAKE will be going up or down. Furthermore, PancakeSwap has integrated Chainlink Keepers on the BNB Chain mainnet to help it securely automate its CAKE/USD prediction market.

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 more than 2% today and is currently trading at $3.321.

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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.