Yield farm for pepecoineth $PEPE launched by PancakeSwap $CAKE, here's the APR PEPE
As such, users are now able to inject liquidity in Pepe and USDT in order to get periodic payouts. By press time, the pool offers almost 200% in APY, which should be attributed to its small size. So far, PEPE enthusiasts have locked about $65,000 in liquidity.
The pool is incentivized by PancakeSwap : its liquidity providers will share 6.9 CAKE per BNB Smart Chain block.The community of PEPE appreciated the launch. The fans of meme coins are asking the PancakeSwap team to also release farms with LADYS coin, recently promoted by Elon Musk. Like the majority of the pools based on early-stage altcoins, the one with PEPE and USDT is added to the category of"yield farming" instruments with 0.25% fees.The PancakeSwap team stressed that, like all meme coins, PEPE is exposed to high volatility. Thus, users should be super-cautious and always do their own research.
Currently, the majority of operations with PEPE take place on centralized exchanges Binance , KuCoin and Kraken. However, it is also available on PancakeSwap and Uniswap . Despite the excitement about the liquidity pool on PancakeSwap , the token is changing hands at $0.00000153, being down almost 9% in the last 24 hours. Its market capitalization exceeds $600 million in equivalent.
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