Hello lovely people of Hive community. Hopefully you will be enjoying your life with good health and spirit. Friends, Pancakeswap is the leading decentralized exchange on Binance smart chain. Now, even Pancakeswap is integrated with Ethereum and APTOS.
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Pancakeswap has successfully launched many new ico and token on pancakeswap. Currently coin is rewarding user by investing in pool and farm pairs.
I am amazed to see that in some farming pool APY is more than 100%. Most attractive farming pair in the list is MGP-BUSD which is currently offering 140% APY. Big number considering the market condition. At current rate investment of $1000 invest will earn $3.72. The other good thing about investing in this pair is that it offers reward in the farm of Cake coin. Cake has decently maintained its worth despite dip in market.
Magpie XYZ is a platform built on BNB Chain to boost yields for liquidity providers and governance token holders of veTokenomics protocols.
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The other pair is BUSD which you are well aware of is the stable coin Binance smart chain. I am not a financial expert so, I will never give you suggestion to stake your asset in this platform as it may involve some risk like dipping of Magpie price. At the time of writing Magpie price is around $0.008479. Coin is more than 83% down from its all time high worth. Further drop may decrease your asset. Investment is risky but it is offering decent reward of 140% APY. Choice is in your own hand.
Objective of writing this post is to introduce pancakeswap farming pair with this community. Again I am not a financial expert so please beward take your own decision before investment. This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.