Pancakeswap Clone Script – To Create a Defi Exchange like pancakeswap

Article about Pancakeswap Clone Script – To Create a Defi Exchange like pancakeswap

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scarlet emilye activities: Business Development/Sales, Finance, IT, IT, Digital Marketing Analyst

Jun 23, 2021

PancakeSwap Clone Script

PancakeSwap Clone Script is a decentralized exchange (DEX) platform script that facilitates the trading of BEP-20 tokens. It implements an automated market maker (AMM) model to provide liquidity on peer-to-peer trades within the protocol.

PancakeSwap Clone script matches buy and sell orders from different platform users directly in a liquidity pool. The supply of tokens in this pool is provided by user deposits in a process called “staking.”

Pancakeswap clone script  builds similar to pancakeswap provides rewards them in return with a proportional amount of their share in the platform’s trading fees as well as liquidity provider (LP) tokens. The LP token that stakers will receive as an incentive will be the same asset that they supplied to the liquidity pool.

PancakeSwap Clone Script Components

Syrup or Staking Pools

PancakeSwap Clone Script is built with Staking Pools is a place that allows new projects to promote their projects to the PancakeSwap community by distributing a portion of the token to the CAKE holders.

The Staking Pools are divided into two parts:

  • Core: The project will be selected by the team of PancakeSwap.
  • Community: The project is voted by the community

Exchanges

PancakeSwap uses a model AMM on BSC so you can trade BEP20 assets with each other.

Transaction fee on PancakeSwap is 0.2%. This fee will be allocated 0.17% for LPs and 0.03% for PancakeSwap Treasury.

Yield farming

PancakeSwap Clone script is built with yield farming component it has different ways to earn yield on PancakeSwap. There are 27 liquidity pools on PancakeSwap at the time of writing, and they offer yields ranging from 5%-310% APY for supplying liquidity. 

CAKE Lottery

A winner’s take-away can go as high as 50% of the entire lottery pool if their ticket numbers match all four winning numbers on the lottery. There are also rewards too even if at least two of your numbers match the same position as the ones on the winning ticket.

Non-Fungible Tokens (NFTs) on PancakeSwap

PancakeSwap clone script also offers an option to participate in the exchange of collectibles on the platform. There is a section for non-fungible tokens (NFT) (called “Pancake Collectibles) represented by cute figures that users can trade for CAKE. You can choose to keep these NFTs if you own a few and trade them at a sooner date.

Initial Farm Offerings (IFOs)

PancakeSwap clone script introduced Initial Farm Offerings (IFO) on the platform to help out newly-launched tokens in opening opportunities for yield farming.

Analytics

Analytics makes it possible to view liquidity, volume, and price metrics of pairs on PancakeSwap.

You can use this Analytics to analyze prices as well as some basic information. Visit Pancake Analytics

Upcoming products list:

PancakeSwap still has many products that are expected to be launched.

  • Lending & Borrowing: Borrowing BSC token and LP token. CAKE will be used as a discount.
  • Margin Trading: Trade BSC token with on-chain leverage – CAKE will be redeemed and burned periodically.
  • NFT Ecosystem: Mint, trade, breed, … all will be paid by CAKE
  • NFT-based Gamification: Complete quests, level up … to get NFTs – use CAKE to mine.

Advantages of PancakeSwap Clone Script

Earn tokens from Pancake Swap
No Know Your Customer (KYC) policy

Low Fee’s & Quick Transactions

PancakeSwap is Secured and Audited by CertiK

PancakeSwap clone script has gone above and beyond and received an audit from CertiK. On top of this, CertiK and PancakeSwap have integrated all the following resources:

–Security Oracle

–CertiK Shield

–DeepSEA

–The CertiK Virtual Machine

How to access our pancakeswap clone script?

To access PancakeSwap clone script you must use one of the following wallets, for this guide we will show how to create a custom network in the Metamask wallet and connect it to BSC.

  1. Metamask Wallet
  2. TrustWallet
  3. MathWallet
  4. TokenPocket
  5. Wallet Connect

Get A Free Live Demo of Pancakeswap Clone Script