The goal of every decentralized finance (DeFi) token is to ultimately be listed on decentralized exchanges. The following benefits could drive growth and increase project activity.
PancakeSwap v3 was recently launched on BNB Chain (BSC) and Ethereum.
The ripple effect of this development could positively affect tokens like Digital toads (TOADS), that are currently on pre-sale, possibly increasing their chances of success.
This article develops the importance of the PancakeSwap v3 listing and its impact on pre-sale tokens like digitoads (TOADS).
DigiToads prices can benefit
The integration of PancakeSwap v3 with the BNB Chain and Ethereum Network set a precedent for DigiToads to do the same. TOADS is a DeFi token from DigiToads that incorporates play-to-earn (P2E), GameFi and other innovative web3 technologies. TOADS has been on the rise and DigiToads is posting more interactions because investors know that the success of PancakeSwap v3 could benefit the project.
Like DigiToads, PancakeSwap also held their pre-sale event for CAKE. Holders of pre-sale TOADS could receive higher returns on investment (ROI) than those who purchase after listing. This is because they buy the token at a discount and can sell it at a higher price once it has been listed.
DigiToads collects non-fungible tokens (NFTs) and games. Like CAKE, the ability for TOADS to appear on various platforms has increased the number of token holders and attracted business activity.
TOADS, whose project, DigiToads, is being built on Ethereum, has the potential to be available on major ethereum (ETH) exchanges when listed, suggesting broader exposure to an audience of buyers as a token than investors. may consider buying today. This possibility has attracted investors because the token can also help diversify a portfolio.
PancakeSwap v3 introduces new features
PancakeSwap v3 is a new iteration of the popular decentralized exchange (DEX) on BSC and Ethereum. This update promises to introduce various features and improvements.
The native token, CAKE, rose to $3 on the news of the release of PancakeSwap v3.
The release of PancakeSwap v3 on Ethereum has opened up the DEX for expansion to more users and liquidity providers. The transaction rate between both networks will likely increase, providing seamless transactions.
Another exciting feature of the new PancakeSwap v3 is the introduction of NFTs. This update allows users to create, buy and sell NFTs. In particular, it is part of a growing trend among DEXs to integrate NFTs and expand beyond fungible tokens.
PancakeSwap was already popular in the Binance ecosystem and remains the largest DEX by trading volume and liquidity. Expanding to Ethereum will likely increase reach and activity, helping it increase its total value locked (TVL).
The TOADS pre-sale is currently in its second stage. Investors can consider the token and buy, taking advantage of the pre-sale price.
For more information on DigiToads, visit the websiteenjoy the presaleor join the community.
Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users should do their own research before taking any action related to the Company.
