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Earn Up to 60% APY by Long-term Staking This Monster Crypto of the Week
Learn more about why this BSC behemoth belongs on every crypto watchlist.
What crypto decentralized exchange has the highest number of active users, generates the highest revenue for its holders, and allows you to earn nearly 60% by staking its native token? While many would guess Uniswap is the king of the DEX jungle, this DEX belongs on every crypto investor's watchlist. And if the picture didn't give it away, I am referring to Binance Smart Chain's (BSX) crown jewel, PancakeSwap.
At this stage in DeFi, each chain has its all-star dApp. The all-star is typically the dApp with the most value locked, draws new users into the chain, and gets the lion's share of the activity. Think names like TraderJoe (Avalanche), Spookyswap (Fantom), Synthetix (Optimism), GMX (Arbitrum), and Uniswap (Ethereum). On BSC, no dApp is more critical than PancakeSwap.
With over 130,000 daily users, it's easy to argue that PancakeSwap is the people's champion. Combine this popular platform with unique tokenomics, and you may have a long-term crypto play worth being in a diversified portfolio.
Let's dive deeper into the CAKE token and explore why you may want to give it a closer look.
