PancakeSwap Clone Tutorial
Overview of PancakeSwap
The Food-themed Decentralized Exchanges are dominating the Crypto trends ever since the end of 2020. These are specifically designed to improve the user experience and contribute to the usability of the DEX platforms.
The PancakeSwap is one among those best-performing food-themed Decentralized Exchange that is in booming trends, if you are looking to build a reliable platform on the Binance Smart Chain promoting dedicated Decentralized Exchange like the PancakeSwap then PancakeSwap Clone Software can be an ideal solution.
PancakeSwap Clone Tutorial
PancakeSwap Clone is a DeFi based Decentralized Exchange Platform running on Binance Smart Chain delivering features similar to PancakeSwap along with Yield Farming services, Staking, Swapping, Liquidity provision, and Lottery ticket schemes to the optimal use of participants seeking to build an exclusive platform like the PancakeSwap.
We, #Maticz develop a 100% Smart Contract Audited, White Label PancakeSwap Clone that allows customization based on user requirements that operate cent percent similar to PancakeSwap running over the Binance Smart Chain Network.
Features of PancakeSwap Clone
Our PancakeSwap Clone Script comes out with highlighting features that include,
<< Automated Market Making
<< PancakeSwap Analytics
<< Top-Performing Tokens
<< Top Performing Pairs
<< Individual Transaction History
<< Integrated Security Protocols
<< Initial Farm Offering (IFO) support
<< Rapid Speed Audits Per Second
<< Automated Market Making
The PancakeSwap Clone comes with an Automated Market Making features that eliminate the need for the order book to match trade, also allows the trade to take place against the liquidity pools (i.e) fund provider will become a liquidity provider to the Platform.
<< PancakeSwap Analytics
PancakeSwap Analytics provides basic stats like BNB pricings, transactions that take place within a span of 24 hours, the number of pairs matched at that instant, and the trade-off fee associated with the transactions taking place. These records are deployed over a graphical diagram.
<< Top-Performing Tokens
The PancakeSwap Clone comes with an exclusive dashboard specifying the top-performing Tokens in current trends. The top-performing Token is defined by the volume of trade carried out at that instant of time, these are specified along with Token’s symbol, Liquidity, and pricing.
<< Top Performing Pairs
The PancakeSwap Clone is designed with the dashboard specifying the top-performing token pairs based on the total volume that has currently undergone transaction at that instant of time along with percentage rise in liquidity rates and changes in the Liquidity rates for a period of 1 year.
<< Individual Transaction History
The PancakeSwap Clone is provided with an all-time active transaction history option that monitors the individual transactions made, denoting the Swaps, Adds, Removes, Total value, Token Amount, and Account Status corresponding to the time period of each and every individual participant.
<< Integrated Security Protocols
PancakeSwap Clone is developed with integrative Security protocols offering compliance to security checks done by the global protocol certification platform the Certiks, along with Oracle Security, CertiK Shield, DeepSEA, and the CertiK Virtual Machine.
<< Reduced Taking Part Fee
The PancakeSwap Clone is provided with a reduced taking part fee which increases the number of participants taking part through the platform for carrying out yield farming and Crypto staking, this increases the scalability feature of the platform to be designed and deployed.
<< Rapid Speed Audits Per Second
The PancakeSwap Clone is provided with a rapid speed matching attribute that matches the number of audits within a fraction of seconds, this feature is also a scalability improving feature that contributes to the reputation of the Decentralized Finance to be designed and developed.
PancakeSwap Clone Working Mechanism
<< Wallet Integration
To take part in trade through the PancakeSwap Clone Script the Participants must interface themselves with any of the recognized wallets like the trust wallet and meta mask wallet.
<< Adding Liquidity to the Exchange
The Farming can only be carried out only after adding liquidity to the Exchange. Adding liquidity to the Exchange generates the Tokens for Farming called the cakes, which are the basic units for taking part in Farming.
<< BEP20 Tokens as Cakes
The core functionality of the PancakeSwap Clone Script is the transaction of the tokens operated over the Binance Smart Chain. The Exclusive Tokens operated upon the Binance Smart Chain are the BEP20, these tokens are rightly referred to as the Cakes in PancakeSwap Clone Script.
<< Total Distribution
It is essential to keep track of the total volume of cakes available on a daily basis to carry out an efficient transfer of Tokens.
There will be a maximum of 30K Blocks processed per day each will be rewarded on the basis of 40 cakes per Block.
Hence there will be a total of 1.2M cakes processed per day. Out of the 40 cakes obtained as rewards, 25% will be redirected to the staking pools to carry out Staking.
After keeping track of the total cakes available for the transaction the process proceeds to the next phases that include Farming, Staking, and Bridging.
Yield Farming in PancakeSwap Clone
Yield Farming is the act of generating rewards on returns by lending a considerable amount of Cryptos. There are multiple ways to make a prospective Yield through the PancakeSwap Clone Script. The PancakeSwap is supported by 27 Liquidity pools that offer Yields in the form of Cakes ranging from 5% to 300%.
Staking in PancakeSwap Clone
The cakes can be Staked in the staking pools to improve Yield, which when staked can generate Yield up to 500%. Since the PancakeSwap being a food token-themed framework, the staking pools here are referred to as the Syrup pools. 25% of the cakes processed per day are provided to the Syrup pools.
PancakeSwap Clone Script Bridging
The PancakeSwap Clone operates with a bridging attribute, which is fairly a highlighting feature that remains with only a countable DeFi based Exchange. The bridging attribute usually allows the Crypto assets to get transferred from one recognized Blockchain framework to the other Currency operable on the other recognized framework.
Lottery Schemes In PancakeSwap Clone
The usability of the PancakeSwap Clone is increased by using up the cakes in every entity associated such as Staking, Farming, and Lotteries.
The participants will be allowed to purchase a number of lotteries using their cakes, based on serial number matching, each day the participant with the most matched tickets will be rewarded with considerable assets in the form of cakes as the basic unit of transaction.
Know more about PancakeSwap Clone Script >>>
Reach PancakeSwap Clone Developers: https://telegram.me/Team_Maticz
