A very hype project, at some stage it even overtook Uniswap. In telegram, in many chats, they discuss cake
Yeah. Pancake swap fee is far more cheaper than Uniswap and the transaction speed on pancake swap is very fast since its on BSC. There is some minor downside on BSC since its centralized but it was fully covered by the feature that I mention above. BSC is the next ETH and Pancake will follow too.
The only reason why Uniswap become hit before is because it just the first mover on AMM industry and most of the competitors was on the same chain which means they have same feature.