We’re delighted to announce that you’ll soon be able to trade DOWS tokens on Pancake Swap.
We’re very proud of all the work we’ve been doing recently to secure partnerships and integrations for Shadows. Synthetic assets represent a huge leap forward for how people can invest their money and benefit financially. Accessibility is how Shadows aims to be at the forefront of the emerging DeFi movement.
Having been built on Binance Smart Chain (as well as Polkadot), a launch on Pancake Swap makes perfect sense for Shadows. Most importantly, it offers DeFi users another way to gain exposure to the burgeoning world of synthetic assets.
What is Pancake Swap?
Pancake Swap is a decentralized exchange (DEX) on Binance Smart Chain (BSC). The core design and layout is very similar to Uniswap on Ethereum network, but on BSC network. Users of Uniswap will instantly be familiar with the interface.
Like other DEXs, PancakeSwap uses an automated market maker (AMM), meaning you make a trade against a liquidity pool. PancakeSwap is community governed and gives users the ability to farm liquidity provider tokens. It also incorporates many other features that let you earn rewards.
Why Pancake Swap?
The issues hindering the growth of the Ethereum chain have led to complications for many investors. Long transaction times have been common but more than anything else, gas fees have restricted a lot of retail users.
Shadows chose to strategically build initially on BSC to have a trading platform that is efficient and accessible for all investors. Having the DOWS token tradable on Pancake Swap is the first step in having our ecosystem live on BSC. Next, our community can expect additional features to roll out on BSC based on the published roadmap.
About Shadows Network: