The food-theme based PancakeSwap Clone is trending globally from the end of 2020, with millions of users being attracted towards its growth in the blockchain market. It is mainly focused on delivering a world-class design for users to experience the performance and benefits associated with it. The crypto-exchange platforms provide efficient features like a liquidity pool, lottery system and swapping.
The PancakeSwap Clone is an exchange platform in the decentralized environment developed using Binance Smart Chain (BSC) for swapping BEP-20 tokens. It is created with Automated Market Maker (AMM) and Decentralized Applications (DApps) for quick transaction at less fee being charged.
What is PancakeSwap Clone Development?
The PancakeSwap Clone development is done on the DeFi platform globally popular with a high-end design based on food theme tokens. The Pancake tokens are operated using Binance Smart Chain by offering valuable services like Automated Market Making, Yield Farming and other better features to improve token usage.
It uses order books like traditional exchanges and automated market makers to buy/sell orders directly with others in a liquidity pool. The deposits of users are stored in liquidity pools to earn trading fees and Liquidity Provider (LP) tokens. LP tokens are redeemable for initial capital being deposited and additional fees earned. LP tokens can also be farmed, staked and traded. The PancakeSwap clone is securitized using Binance Smart Chain (BSC), which helps convert the complexity of DeFi.
What is PancakeSwap Clone Script?
The PancakeSwap Clone Script is developed using Binance Smart Chain (BSC) based DeFi exchange script for operating similar to PancakeSwap. It supports Automated Market Making, exchanging tokens, staking, NFT, Farming and Liquidity Pools on Binance Smart Chain. It comes with proper customization for easy user access and operates efficiently in the blockchain network. Enables seamless exchange of tokens and earns cake-tokens instantly. The highly flexible architecture of the clone script provides easy to add and remove tokens for users.
PancakeSwap Clone Software
The entire functionality of the clone script is dependent on the PancakeSwap clone software. This clone software is programmed to create DeFi based exchange platforms like PancakeSwap exchange. The clone software is programmed with the exact features of the original exchange platform, such as liquidity, farming, trading, lottery, crypto staking, Initial Farm Offering, voting mechanism and non-fungible tokens.
Infinite Block Tech has prior experience in developing clone software to numerous exchange platforms. We make sure to provide the best software with our exceptional coding skills and knowledge in the field of blockchain.
Efficient Components of PancakeSwap in DeFi Platform :
- Crypto-Wallet Exchange
- Payment Gateway Transaction
- Swap mechanism
- Consensus Mechanism
- Smart Contract System
- High-level Security
- Safe and Secure exchange APIs
- High Liquidity Pools
Reasons to prefer PancakeSwap Clone in DeFi :
- Improved portfolio
- Attractive menu bars
- Stage wise Integration
- Reward System
- Strong security system
- Safe and secure payment transactions
- Compatible with Chrome Plugins
- Customized Dashboard
Digital Wallets That Support Our PancakeSwap Clone
Digital wallets are crypto platforms that store crypto tokens and allow users to trade them later. These digital wallets play a very important role in enabling users in trading their crypto tokens on decentralized exchanges. The crypto wallets that support our PancakeSwap clone are listed below.
- Trust Wallet
- MetaMask
- Math Wallet
- Binance Chain Wallet
- SafePal Wallet
- WalletConnect
- Development and deployment of DeFi Smart Contract
Development steps of PancakeSwap clone :
- Integrated Exchange API
- Development and deployment of DeFi Smart Contract
- Instant Solutions for liquidity pools
- Payment transaction Integration
- Attractive UX & UI designs
- Crypto-wallet Initialization
- Yield Farming methods
- Staking Integration of APIs
- Affiliate link programs
Exciting Features of PancakeSwap clone script :
Automated Market Making (AMM) :
The PancakeSwap clone script runs on Automated Market Making features to discard the need for an order book to match the trade. It allows crypto-trade to occur against the liquidity pool for making fund providers become liquidity providers to the DeFi platform.
Analytics :
PancakeSwap clone’s Analytics provides simple stats like BNB pricings, transactions occur in 24 hours, the number of pairs matched instantly, and the trade fee being charged during each transaction. All these are maintained in a record as a graphical representation.
Best Performing Pairs :
The clone script is entirely designed with a customized dashboard specifying the best performing crypto-token pairs based on the total volume of transactions with the rise in liquidity rate and changes over the year.
Best Performing Tokens :
It has an exclusive dashboard to display the best performing tokens in current trends. The top-performing crypto-token is defined based on the trade volume with specified token symbol, liquidity and pricing.
Transaction History :
It has an active transaction history that records each user’s transaction, swaps, adds, removes, total value, token amount, and account status.
Security Protocols :
The clone script’s security protocols offer compliance to security checks done by global protocols present in the DeFi platform.
Quick Audit :
The quick audit present in the clone script performs the work in seconds, which contributes to the reputation of DeFi to be designed and developed.
PancakeSwap Clone Script With Binance Bridge
Interoperability has always been an issue among blockchain technologies in the digital space. To solve this problem, Binance Bridge has been introduced. This is a multi-chain bridging protocol that focuses on maximizing the interoperability between two completely different blockchain technologies. It is very important to convert crypto tokens to tokens which can be used on Binance Chain and Binance Smart Chain technologies. This protocol allows users to convert all types of tokens into a BSC wrapped token to execute functionalities.
The conversion process of BSC wrapped tokens is direct due to the simplified functionalities of the Binance Bridge. By integrating this system with our PancakeSwap clone script, users can convert their tokens at ease based on the BEP-20 tokens standards. At present, the Binance Bridge system supports ERC-20 and TRC-20 conversions. The ERC-20 is a token standard that is based on the Ethereum blockchain and TRC-20 token standard that is built on the TRON blockchain technology.
Our innovative integration of the Binance Bridge system is an essential protocol that can maximize the interoperability of your PancakeSwap clone. Our clone allows users to peg tokens to use on the Binance Smart Chain platform at ease. This integrated system will ensure maximum liquidity to users when the number of supportable tokens increase over the course of time. The PancakeSwap clone script with Binance Bridge not only operates as a platform that increases interoperability of the clone but also works as a bridge between the clone and Ethereum assets to provide liquidity and yield farming for users on the PancakeSwap clone.
Working model of PancakeSwap clone :
- The Integration of wallets like trust wallet and meta mask wallet allows users to participate in the trade.
- The adding of liquidity to the exchange is carried out only after farming is initiated. The adding of liquidity to the exchange generates the crypto-tokens for farming.
- The tokens’ transaction is operated using Binance Smart Chain for BEP-20 tokens to be referred to as Pancake tokens in PancakeSwap Clone Script.
- Pancake tokens’ total distribution will be 1.2M per day, in which 40 Pancake tokens obtained as rewards, 25% to be staked.
Why is Infinite Block Tech considered the best in developing your PancakeSwap clone?
The food theme based PancakeSwap Clone is the town’s talk, and it’s trending in recent times. Millions of users have gained exposure to the DeFi platform globally to exchange crypto-tokens as the market value is high. It has benefitted from small scale business to big startups in generating high revenue in this Decentralized platform. Investors can get in touch with Infinite Block Tech as we’re the leading industry in blockchain development. We thrive to satisfy our customers with high cutting edge technology with professional experts guiding them to shape their business for competing with others in the marketplace.