Decentralized cryptocurrency exchanges (DEX) offer a credible trading experience for investors who want to cash in on the cryptocurrency wave. DEX like PancakeSwap takes things up a notch higher and offers a plethora of DeFi powered financial services that offer great investment opportunities for anyone who wants to use them.
PancakeSwap Clone Script lets you start a Decentralized Cryptocurrency exchange on any Blockchain.
PancakeSwap Clone Script by default is integrated with Binance Smart Chain (BSC) where 1000+ BEP-20 tokens are live and being traded.
The decentralized exchange takes advantage of Binance Smart Chain’s superior speed & transaction volume handling capacity. PancakeSwap Clone Script also has the capability to extend popular DeFi functionalities like Yield Farming, Flash loans, Staking etc.
You can start a PancakeSwap like decentralized exchange right away or add more features and functionalities. Either way you would’ve saved over 900+ working hours by using this script.
What makes the PancakeSwap Clone Script unique?
PancakeSwap Clone Script is built with the idea that even first time traders shouldn’t feel intimidated using it. Our Blockchain Developers have built a product that will scale efficiently as the user base grows over time.
Some of the advantages of PancakeSwap Clone Script are:
– The Administrator can create a native mintable token on the BEP-20 protocol and configure the smart contract to automatically reward users who bring in liquidity to the platform.
– The protocol brings in fresh liquidity to the exchange and the users are rewarded.
– Opens up Staking feature so users can lock-in their cryptocurrencies to earn rewards on a regular basis.
– Takes advantage of Binance Smart Chain’s secure APIs
– Opens up Governance feature for Initial Firm Offerings and Voting mechanisms.
How do you make money with PancakeSwap Clone Script?
As an administrator, it is easy to earn recurring revenue automatically using the platform.
Market Maker Fee: A market maker fee is added to the wallet of the admin for every trade.
Platform Fee: The platform levies a transaction fee for every transaction such as withdrawal, Flash loan issuing charges etc.
Staking Rewards: The admin also receives staking rewards for the staked token and it can also be listed on the exchange.
How does the PancakeSwap Clone Script work?
Since the user may be familiar with buying cryptocurrency on the platform, let’s explain How to stake a cryptocurrency on the PancakeSwap Clone Script.
Step 1: The user should already hold a BSC supported Crypto Wallet like Metamask, etc, they would then connect the wallet to the platform.
Step 2: On the staking page, the wallet is connected and the platform retrieves the supported cryptocurrencies that can be staked from your wallet and displays them.
Step 3: The user can then select the crypto they’d like to stake, choose the tenure and quantity for staking. Then lock it in.
Step 4: The platform will show the APR and other information on how much they will earn, the frequency of earning and the total return.
Step 5: After the user agrees to the term and clicks “Stake Now”. The tokens are transferred from the protocol and locked into the network.
What are the features of the PancakeSwap Clone Script?
Some of the features of PancakeSwap Clone Script are:
On a decentralized exchange, the prices of the cryptocurrencies sold determined by the algorithms set in the smart contract, based on the conditions, demands, etc. All the prices are automatically adjusted on the platform without the admin intervening.
Suite of DeFi Services
Flash Loans, Instant Cross-border money lending, Staking, Yield Farming DApp and many more services are supported by the protocol.
Automated Market Making
DEX exchanges pool-in liquidity from users and automatically price the cryptocurrency assets within the liquidity pool using Automated Market Maker algorithm.
Pair and Swap with Any BEP-20 Tokens
Users can create cryptocurrency pairs for any BEP-20 based token and swap them on the PancakeSwap Clone
Cross-Chain Compatible (Optional customization)
Cross-chain compatibility allows trading different types of cryptocurrency assets, NFTs, Collectibles across supported blockchains like Ethereum, Tron, Polkadot etc. This helps increase your decentralized exchange’s tradeable asset volume.
Every time liquidity is added the liquidity provider is rewarded with a reward token.
PancakeSwap Clone leverages Binance Smart Chain’s ability to offer smart contract backed Flash Loans.
The script can be configured to offer tiered staking for investors based on the quantity of tokens they would like to stake. Their reward percentage would be based on the tiers.