BonFi BSC Launch And Willl Be Listed On PancakeSwap

BonFi will be listed on PancakeSwap along with BSC Launch.

The BNF Token is available for trading on PancakeSwap using the trading pair BNF/BNB from Monday, 19 July.

Existing BNF token holders hold the ERC20 BNF Token. To access PancakeSwap, users can swap their ERC20 tokens for BSC Tokens on a 1:1 basis.

BonFi will launch an exclusive liquidity staking pool on PancakeSwap. When users provide liquidity to our new PancakeSwap pair, you will receive liquidity provider (LP) tokens and starting earning trading fees (0.17%) on each transaction. After providing liquidity, you can stake your LP tokens on our BSC Module and start earning BNF tokens in addition to the trading fees.

About BonFi

BonFi is a multilayered open finance liquidity mining service platform complemented by the AI-powered BonVest, a professional cryptocurrency liquidity mining solution. It expands the DeFi financial product offering by combining smart contract staking and a managed cryptocurrency liquidity pool to achieve sustainable benefits for users.

About PancakeSwap

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

PancakeSwap uses an automated market maker (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://medium.com/bonfiorg/bsc-launch-pancakeswap-and-new-defi-pools-9ee4bb84a07f