• 10/12/2024

PancakeSwap, one of the leading decentralized exchanges (DEXs) on the BNB Chain, plays a crucial role in expanding the DeFi ecosystem by offering an accessible and efficient platform. Its recent introduction of no-code tools aims to attract new developers and simplify the creation of decentralized products on the blockchain. This approach removes technical barriers, enabling even those with little programming knowledge to participate in decentralized finance.

Why is No-Code Important?

No-code solutions allow for the development of smart contracts and decentralized applications (DApps) without the need for complex coding. This democratizes blockchain development, creating opportunities for startups and small developers to innovate on the BNB Chain. Additionally, it boosts liquidity and increases active users on the network.

PancakeSwap as a Gateway to the BNB Chain

Beyond facilitating development, PancakeSwap incentivizes user engagement through rewards in CAKE tokens. This strategy has become a competitive advantage, especially with larger players like Uniswap entering the BNB Chain ecosystem. While Uniswap offers features like concentrated liquidity, PancakeSwap’s user-friendly interface and token incentives continue to attract the majority of users in the network.

Impacts on the DeFi Ecosystem

The competition between PancakeSwap and Uniswap benefits the market overall. Uniswap’s arrival on the BNB Chain represents a milestone for the DeFi ecosystem, promoting blockchain interoperability and inclusivity for a broader range of investors. This drives the crypto market toward mainstream adoption by making blockchains more accessible and efficient.

Both PancakeSwap and the BNB Chain invest in scalability through initiatives like opBNB, a layer-2 solution based on the Optimism OP Stack. This technology allows for higher transaction volumes at lower costs, strengthening the BNB Chain’s position as a robust and versatile blockchain for decentralized applications.

In conclusion, PancakeSwap’s no-code solutions not only enhance its standing as a BNB Chain leader but also foster a more inclusive, scalable, and competitive ecosystem.

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PERIODIC BURNING

A percentage of transaction fees from manual arbitration operations, in addition to the full amounts from License purchases for operations in the automatic arbitration system, will be used to burn Clash Hub Coin tokens. This will accelerate burning, decrease supply, and increase scarcity of the token.

100% of tokens converted to USDT during withdrawals from the staking system, arbitrage system and flash loans will be burned, promoting a continuous decrease in the total supply.

OBJECTIVE OF BURNING

Reduce 90% of the total supply over 1 year through periodic burning and conversions of staking rewards and token affiliate system into USDT. 90% of the supply will be burned, equivalent to 900 million tokens at a price of $0.01, corresponding to 9 million dollars in transaction volume. Then the current model of the affiliate system will conclude and the token will be launched in the public sale phase after the full burning of 90% of the supply.

Total supply of tokens will be burned and released on DEX`s for public sale at a price of $0.02, doubling the capital of Clash Hub Coin Token holders.