PancakeSwap Plans ‘Affiliates’ for Expansion; Cake Holders to Benefit
PancakeSwap, a decentralized exchange, is planning an affiliate model to allow developers to use its code and create versions of the platform on other blockchains. The initiative aims to leverage PancakeSwap's user-friendly interface and multichain capabilities to broaden access and opportunity within the DeFi ecosystem. Affiliates will be able to offer a version of PancakeSwap on blockchains and layer-2 networks where the exchange is not officially offered, receiving incentives and technical support in return. CAKE holders will benefit from the success of affiliate forks, receiving native DEX tokens from affiliates and a portion of trading fee revenue allocated to burning CAKE, thus reducing supply. PancakeSwap plans to discuss the idea with its DAO and collect community feedback through a formal proposal in the coming weeks.
