Mention the Revenue Streams of Pancakeswap

 Swap Fees

Their flagship product, PancakeSwap AMM, generates the most revenue for the project. Traders have to pay a fee of around 0.25% of each transaction. The majority of the fee (0.17%) goes to liquidity providers, 0.03% goes to the PancakeSwap treasury, while the rest is used to buy back and burn CAKE.

Lottery

PancakeSwap uses lotteries to generate revenue for the platform in two main ways. First, it allows participants to purchase six-digit tickets (bumped up from four) to raise money and enter a draw. Secondly, users pay a transaction fee to purchase lottery tickets.

To win, players must match the six numbers on their ticket to the numbers drawn randomly. The amount won by each ticket will depend on how many other tickets win in the same prize bracket.

Initial Farming Offering

To take part in an IFO, participants need to create a profile. A fee is associated with the profile, which also helps keep the total CAKE supply down by burning a bit of CAKE from each profile created.

Staking Fees

Revenue comes from a performance fee which is around 2%, subtracted automatically from each yield harvest in flexible staking. Also, there is a 0.1% “unstaking fee” if you unstake within 72 hours. The CAKE collected via the unstaking fee and performance fee is burned weekly as part of the regular CAKE token burns.

Prediction Pool Fees

Revenue is collected from each pool by deducting 3% of each pool’s amount, which is transferred to the Pancake Treasury and used to buy back and burn CAKE tokens every Monday.

Like most crypto protocols, PancakeSwap steadily grew its revenue through November 2021, before declining throughout 2022. Because it is built on BNB Chain, PancakeSwap’s fortunes are likely to be tied up with those of Binance.

Impressed right?, want to launch your own Pancakeswap like exchange and want to enjoy your own revenue?, Then get it launched easily with Pancakeswap Clone Script.

Citation : Bitcoin Market Journal