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The team behind PancakeSwap, one of the top Decentralized Exchanges (DEXs), announced their plans to deploy on a new blockchain. The team aspires to transition to the blockchain as soon as possible in order to establish the DEX as the leading exchange on Aptos and gain a larger market share through early deployment.
The proposal also hinted at the deployment of CAKE as a native token on the Aptos blockchain. If this proposal scales, that would mark the first time CAKE would be available as a native token on another chain.
More info: https://bit.ly/3COIdV3