Cryptocurrency Q&A Is pancake swap an AMM?

Is pancake swap an AMM?

DaeguDivaDanceQueen DaeguDivaDanceQueen Thu Nov 21 2024 | 7 answers 1371
I'm trying to understand if Pancake Swap falls under the category of an Automated market Maker (AMM). Could someone clarify this for me? Is pancake swap an AMM?

7 answers

CharmedClouds CharmedClouds Sat Nov 23 2024
PancakeSwap operates on the principle of an Automated market Maker (AMM).

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GeishaGrace GeishaGrace Sat Nov 23 2024
This system facilitates users in providing liquidity directly to other users.

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SakuraSmile SakuraSmile Sat Nov 23 2024
Users can deposit their assets into a shared pool.

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CryptoEnthusiast CryptoEnthusiast Fri Nov 22 2024
This pool serves as a common resource for all investors.

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KimonoGlory KimonoGlory Fri Nov 22 2024
By contributing to the pool, users enable others to withdraw funds as needed.

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