PancakeSwap (CAKE): Decentralized finance, or DeFi, aims to make society more financially inclusive by eliminating the need for intermediaries to facilitate transactions. In the world of DeFi, users are increasingly engaging with autonomous markets powered by blockchain technology, i.e., decentralised exchanges (DEX). In contrast to centralised cryptocurrency exchanges such as Binance and Coinbase, which are run The post Explained: What Is PancakeSwap? How Does It Works? appeared first on CoinGape .