Gravity Protocol team recently announced introducing pools on PancakeSwap and mainnet alpha of SuSy dApp, which users were previously utilizing to swap WAVES tokens between Waves and Binance Smart Chain platforms.
The Gravity is a blockchain decentralized Oracle-based protocol in which SuSy protocol ensures implementation of cross-chain transactions of digital assets through blockchain networks. SuSy primarily guides the implementation of cross-chain transfers without benefitting cross-chain transfer facilitators.
PancakeSwap is the first AMM (automated market maker model), a decentralized exchange for exchanging BEP20 tokens that yield farm on the Binance Smart Chain. PancakeSwap helps users trade against a liquidity pool filled with user funds.
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Users get LP (liquidity provider) tokens known as FLIP tokens when depositing funds in the pool or reclaiming their funds. They can further deposit LP tokens in the farm and, in return, gain CAKE rewards. Additionally, users can earn SYRUP with the help of these CAKE tokens.
Swapping on Pancakes can be done via DirectSwap or ReverseSwap. You could transfer your NSBT or USDN to your particular BSC address and then add the wrapped tokens in the PancakeSwap’s platform.
After adding both the USDN and NSBT tokens, you can then view both of them on PancakeSwap’s interface. Followed by the token additions, you could also perform the swapping.
PancakeSwap also lets users add liquidity to specific pools and share those links. Users can click on the particular links and supply the correct amounts of tokens to initiate liquidity of funds.
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Gravity swap is currently awaiting to undergo a security audit scheduled in the upcoming months. PancakeSwap may announce more updates in the future. Traders interested in PancakeSwap, can visit our forecast page to know more about Cake coin price prediction, current price, and more important updates.
