General FAQ | PancakeSwap (2024)

General FAQ | PancakeSwap (1)

This FAQ page answers some of the more commonly asked questions from the PancakeSwap community.

Is PancakeSwap safe? Has PancakeSwap been Audited?

See for yourself:

  • Check out these PancakeSwap security audits

  • Transparent:

    • We’re built on open-source software: our site and all our Smart Contracts are publicly visible for maximum transparency.

    • Our contracts are verified on blockchain explorers, so you know that what you see is what you get. Check them out here.

  • Security best practices:

    • The chefs use multisig for all contracts.

    • Our contracts’ time-lock gives you peace of mind.

How can I stake CAKE?

You can stake your CAKE in PancakeSwap Syrup Pools. Visit the Syrup Pools page.

Read our How to Stake in Syrup Pools guide if you'd like a hand getting started with staking.

What is the difference between staking and farming?

Staking in Syrup Pools and farming with Yield Farming are both ways to earn more CAKE by supporting PancakeSwap.

Staking only needs some CAKE to be added to a Syrup Pool to earn CAKE or other tokens.Learn more about Syrup Pool staking.

Farming is more complicated and needs LP Tokens to earn CAKE.Learn more about Yield Farming.

How do I farm?

We have a Yield Farming guide if you're interested in learning how to farm.

Where can I view the PancakeSwap roadmap?

You can view our to-do list here, but don't call it a roadmap.

How do I connect my wallet to BNB Smart Chain and PancakeSwap?

We have a Connect Your Wallet to PancakeSwap guide covering this in detail.

What's the best wallet for PancakeSwap?

It depends on your needs. We have an in-depth guide to selecting and creating a wallet that's right for you.

Why is my transaction failing?

You can check the status of a transaction on https://bscscan.com/.

Our Troubleshooting Errors guide may have a solution for your problem if you're having issues.

You can also see our Fixing Stuck Pending Transactions guide if you have a stuck transaction.

When will you open more pools?

New Pools are added to PancakeSwap frequently. There will always be an announcement before the launch of new pools.

Join the announcements Telegram group to learn about new Pools as early as possible.

Did Farm APR calculation change?

Previously, rewards earned by LP Token-holders generated from trading fees were not included in Farm APR calculations. APR calculations now include these rewards, and better reflect the expected APR for Farm pairs.

How do I get airdrops?

Whenever there is an official airdrop on PancakeSwap it will be announced along with the requirements.

Please remember anyone can airdrop tokens to PancakeSwap users since every transaction is public on BscScan. Be sure to do your own research when it comes to non-official airdrops. To protect your funds, we recommend you don't use a smart contract you don't understand from a source you don't trust.

How can I report a bug?

Learn about our bug bounty and potential bounty payouts.

Where can I view smart contracts?

Learn how to find smart contracts on our Finding Contracts page.

Why does it say I have no BNB balance?

If you've already transferred BNB into your BNB Smart Chain-enabled wallet but still have this error, you're most likely not connected to BNB Smart Chain within your wallet. Check your wallet's selected network and make sure you have BNB Smart Chain (BSC) selected.

How do I vote?

To learn more about voting, you can read our section on Voting, including voting guides.

What is the max supply of CAKE?

Yes, CAKE now has a hard cap of 750M as outlined in our litepaper https://v2litepaper.pancakeswap.finance/

What are the treasury funds used for?

The treasury funds are used to cover the expenses involved in running PancakeSwap. These expenses include salaries, audits, prizes, hosting, upkeep, bounties, etc.

Where can I check the Analytics?

You can check the analytics of PancakeSwap by click on the "Analytics" tab on the top menu or by clicking the link below.

Analytics: https://pancakeswap.info/

Is PancakeSwap protected from flashloan attacks?

PancakeSwap's vault has anti-flashloan protection. PancakeSwap’s CAKE token isn’t vulnerable to flash loan attacks. Unlike vulnerable tokens, CAKE token minting is predefined, and can’t be adjusted in a single transaction. Ownership cannot be transferred outside of MasterChef contract.

PancakeSwap’s other smart contracts, like IFO and AutoPool, are protected as well; they prevent other contracts from interacting with them, reducing the scope of vector attacks.

Can I join the PancakeSwap team?

Check the Become a Chef area for information on open positions we're looking to fill.

We advertise new positions we're looking to fill on our official social media channels, so be sure to follow us to get the latest hiring information.

What is SYRUP?

SYRUP was a part of the staking process earlier in PancakeSwap's life. SYRUP was discontinued when a security issue was discovered and is no longer a part of PancakeSwap.

I can't find an answer for my question. Where do I find an answer?

If you can't find what you're looking for in PancakeSwap's documentation, ask your question on PancakeSwap's official social media platforms and someone will do their best to help you out.

General FAQ | PancakeSwap (2024)

FAQs

What is General FAQ? ›

What is General FAQ? It is a collection of common questions and answers not specific to a product, feature, or service. They usually cover payment policies, how to contact customer support, and refund policies.

What is the PancakeSwap used for? ›

PancakeSwap is a decentralized exchange built on the Binance Smart Chain (BSC) for swapping cryptocurrencies. It offers yield farming, staking, and lottery features, providing users with opportunities to earn rewards.

Is PancakeSwap real? ›

PancakeSwap is the leading decentralized exchange on BNB Smart Chain, with the highest trading volumes in the market (sources: 1 2).

Why is my PancakeSwap not working? ›

This is probably an issue with one of the tokens you are swapping. Try again, but confirm (sign and broadcast) the transaction as soon as you generate it. This happened because you started making a transaction, but you didn't sign and broadcast it until it was past the deadline.

What are basic FAQ questions? ›

Frequently Asked Questions (FAQs) is a set of common/obvious queries your web visitors or customers may have. Some common examples include questions about service hours, shipping and handling, product details, return policies, etc., depending on the industry.

What FAQ means? ›

abbreviation for frequently asked question: a question in a list of questions and answers intended to help people understand a particular subject: If you have any problems, consult the FAQs on our website.

Is PancakeSwap legal in the US? ›

Yes. You'll need to pay taxes for your PancakeSwap trades and earnings. Crypto is subject to either Income Tax or Capital Gains Tax.

Can you withdraw cash from PancakeSwap? ›

If we're talking about withdrawing from PancakeSwap farms, you just need to click “Unstake” on the pool in which you're staking and then approve the withdrawal process in your wallet. Yes, there is a PancakeSwap withdrawal fee, which depends on various factors, including network congestion and withdrawal size.

How safe is PancakeSwap? ›

Users who provide liquidity can facilitate crypto swaps with other users eliminating the need to find buyer/seller pairs. Investors can earn additional income by staking CAKE tokens in liquidity pools or yield farms. PancakeSwap is generally considered a safe exchange due to routine third-party audits.

Does PancakeSwap report to the IRS? ›

Activities on PancakeSwap, including trading, adding/removing liquidity, and staking, may trigger taxable events depending on your location. US taxpayers must report their PancakeSwap activities to the IRS, making accurate record-keeping essential.

Why is PancakeSwap falling? ›

PancakeSwap MVRV-Z Ratio

The MVRV-Z score trades within a negative range for more than 8 months, indicating the price is constantly undervalued. The price in undervalued levels usually attracts huge liquidity that further lifts the price. Unfortunately, CAKE's price has failed to do so and continues to find new lows.

How to make money from PancakeSwap? ›

PancakeSwap presents users with diverse opportunities to capitalize on this trend, whether it's through providing liquidity to the crypto market and receiving LP Tokens in return, engaging in farming as a deposit-like service with accrued interest, or simply participating in a crypto lottery.

What is the minimum amount to trade on PancakeSwap? ›

PancakeSwap vs. Uniswap
PancakeSwapUniswap
Minimum Trade$1No minimum
Spot Trading Fee0.25%0.30%
Mobile AppNoNo
Fiat Currencies?NoNo
2 more rows
Jun 7, 2023

Do I need a PancakeSwap account? ›

All funds and trades are executed on-chain via smart contracts and the software is open source. This means there is no KYC or account verification process on PancakeSwap. The only requirement for using the DEX is a self-custody browser wallet or hardware wallet and some BNB or CAKE to pay for network fees.

What network does PancakeSwap use? ›

PancakeSwap is a decentralized exchange built on the BNB Smart Chain, Ethereum, and Aptos network.

What does the FAQ refer to? ›

A frequently asked questions (FAQ) list is often used in articles, websites, email lists, and online forums where common questions tend to recur, for example through posts or queries by new users related to common knowledge gaps.

What is the purpose of an FAQ? ›

Frequently asked questions, or FAQs as they are known, are a great way to improve your customer's experience of your website. It allows you to answer the questions that are most commonly asked surrounding your product or service. At the same time, there are also many other benefits to having FAQs on your website.

What does the letters FAQ stand for? ›

FAQ. Frequently Asked Question(s). When people say "the FAQ", they are generally referring to a list of answers to Frequently Asked Questions.

What do you write in a FAQ? ›

How to write a FAQ page
  1. Consider what questions customers commonly ask. You can aim to identify what questions are most commonly asked by customers. ...
  2. Categorise the questions. ...
  3. Design the FAQ page. ...
  4. Ensure it's easy to find. ...
  5. Monitor any changes in customer questions. ...
  6. Update the FAQ page regularly.
Jun 27, 2024

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