Hassan Maishera
On Wednesday, the Pancakeswap team announced via a blog post that it has launched PancakeSwap SpringBoard—an all-in-one platform that lets developers, creators, and projects easily create and launch their project’s tokens on BNB Chain PancakeSwap, with no coding required.
PancakeSwap SpringBoard handles a user’s technical aspects so they can focus on their project. Once they have configured their project’s name, ticker, and basic settings, their token will be live and ready for trading in minutes.
PancakeSwap SpringBoard does not charge a project launch fee. Once a token is launched, trading it via the bonding curve on PancakeSwap SpringBoard incurs a 1% trading fee, with a minimum fee of 0.001 BNB.
The PancakeSwap SpringBoard Farm Program boosts a project’s liquidity with CAKE. Projects that meet specific criteria will have their liquidity pools boosted with CAKE based on organic trading volume. This program helps drive liquidity, community engagement, and exposure to one of DeFi’s largest ecosystems.
PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is up 8% today and is currently trading at $3.928.
