PancakeswapPancakeSwap is the leading automated market maker and therefore the first million-dollar project on Binance Smart Chain. The decentralized exchange protocol has surged to the highest platform of the DeFi space with a current 24-hr trading volume of $300M, leaving incumbents like Uniswap trailing.
Its native token, which was at $0.48 at inception, is now trading at $13.
Liquidity providers can deposit crypto assets into PancakeSwap liquidity pools to earn fees and liquidity mining rewards. reciprocally for providing liquidity, they receive liquidity pool tokens (also called FLIP tokens), which may be staked to earn CAKE.
Its yield farm remains ever rich also with quite 10 pairs yielding an annual APR of 300%+ at the time of writing.
VenusVenus is an algorithmic market for decentralized lending and borrowing. Users can deposit crypto assets like BNB, ETH, and stablecoins to grow and earn interest.
Interest earned is often used as collateral to borrow more digital assets or to mint VAI (Venus’s stablecoin).
Launched in October 2020, Venus has gone on to become one of the most important protocols on BSC with a 24-hr volume of $234M.
BearnBearn seeks to supply an in depth yield farming ecosystem and to enhance the interoperability between BSC and therefore the Ethereum blockchain.
The cross-chain protocol’s new product, bVault, offers double/triple reward systems. Vault holders get to earn 3% of newly minted BDO additionally to high APYs and accrued fees on farmed assets.
Bearn’s liquidity pools remain high also with their ETH farm generating quite 1,000% APY and BSC farms with over 300% APYs (at the time of writing). In native token surged from just $15 in December to an ATH of $984 with a current price of $505.
Pancake BunnyPancake Bunny may be a DeFi yield farm and aggregator that compounds your Pancake Swap yields with automatic compounding strategies. With over $1 billion in locked-in value and shut to $450 million in market cap, Pancake Bunny features a lot to supply. The protocol started as a dual-chain yield aggregator for BSC and ETH but is now focused on the previous.
Thanks to their partnership with PancakeSwap, liquidity providers also can staking their $CAKE on Pancake swap to earn $BUNNY.
AutofarmAutofarm is on a mission to aggregate yields and facilitates decentralized exchange within the most seamless way of doing business on the Binance Smart Chain.
The two-month-old protocol has witnessed unprecedented growth, with a complete value locked of $1.3B, quite $20.7M 24-hr trading volume, and a $124M market cap. As you'd predict, its yield farms are plentiful. There are more 30 liquidity pools with substantial APYs.