Post
Topic
Board Speculation (Altcoins)
Topic OP
BSC Platform - CAKE, Etc. What do you think?
by
LbtalkL
on 20/10/2020, 01:32:32 UTC
Previously Farming is introduce in the Ethereum network which attracts some attention and it became popular. Due to Ethereum high gas fees. Some individual like CZ and Justin made their own chain for this kind of technology. Binance have launched their Binance Smart Chain (BSC) which attract a lot of projects and users because it is fast and low fees I guess that is natural because there are only a few users. Now Pancakeswap (CAKE) has been leading the  DEX and Farming on this platform, by the look of it,  it is looking good for me and their contract is already audited but still, this high yield farming is always risky and I don't think it will survive in the long term unless they reduce the yield slowly. What are your thoughts about it?