PancakeSwap Launches Auto-Compounding CAKE Pool

PancakeSwap Launches Auto-Compounding CAKE Pool!

Users can easily compound their earning in one single click.

How does the “Auto CAKE Pool” work?

While users CAKE is staked, it will be harvested and re-staked automatically by people claiming the Auto CAKE Bounty (a 0.05% reward which is taken from the amount harvested).

— Users will also get a bounty reward from auto cake features

About PancakeSwap

PancakeSwap is decentralized exchange and 1st Automated Market Maker and Yield Farming on Binance Smart Chain.

PancakeSwap uses an automated market make r (AMM) model. That means that while you can trade digital assets on the platform, there isn’t an order book where you’re matched with someone else. Instead, you trade against a liquidity pool.

➡️Source:
https://pancakeswap.medium.com/pancakeswap-launches-auto-compounding-af94c7acf8b