PancakeSwap has launched its gaming marketplace, creating a GameFi revolution with the potential to attract both gamers and game developers. Following the launch of Pancake Protectors earlier this year, PancakeSwap created a marketplace specifically designed to attract GameFi developers.
PancakeSwap is a decentralized exchange (DEX) that operates on several chains including Binance Smart Chain and Aptos, facilitating the swapping of BEP-20 tokens. Similar to other DEXs like Uniswap, Pancake enables users to exchange their coins directly without the need for intermediary services.
It has a native token called CAKE, which primarily functions as a governance token but can also be used for staking and other DeFi-specific actions. PancakeSwap offers various features, including trading, earning, and winning, enabling users to instantly swap crypto tokens without requiring registration or an account.
The PancakeSwap gaming marketplace serves as a platform for games such as Pancake Protectors and Pancake Mayor, enabling gamers to engage in an immersive immersive PancakeSwap gaming experience.
Furthermore, developers can utilize this marketplace to develop and launch their own games. It’s worth noting that games within the marketplace are integrated with CAKE tokens and NFTs, offering developers and players unique opportunities within the PancakeSwap ecosystem.
In August, PancakeSwap took a strategic step towards expansion by integrating with Arbitrum. This integration aims to enhance user-friendliness and provide industry-leading low fees on the decentralized exchange (DEX) for users.
The integration is expected to bring new features, expanding the capabilities and benefits for PancakeSwap users on the Arbitrum Network. Before August, PancakeSwap was also launched on the zkSync Era blockchain. This strategic decision is aimed at improving user experience and increasing protocol revenue.
This development introduced token swap and liquidity provisioning features on zkSync Era, with transaction fees set at 0.01% of the trading value. This further solidifies PancakeSwap’s position in the decentralized finance (DeFi) sector.