MANY meaning in Cryptocurrency ?

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Answer:

MANYSWAP is a Auto Market Maker DEX with affiliate system on Binance Smart Chain. ManySwap enables the user to swap tokens and to create a new liquidity pair. By adding to the LP pair users can earn LP token and LP fees. On referring user can earn 0.1% of trading fees. Stake your LP tokens in the farm and earn MANY.

It launched in 25th February 2021 and is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. Manyswap uses an automated market maker model where users trade against a liquidity pool. These pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return.

These tokens can later be used to reclaim their share of the pool, as well as a portion of the trading fees. Manyswap also allows users to farm additional tokens such as BNB, BUSD, CAKE in StaFi Pool. On the pool, users can deposit BNB, BUSD or CAKE and get rewarded with MANY.

Manyswap allows users to trade BEP20 tokens, provide liquidity to the exchange and earn fees, stake LP tokens to earn MANY, stake MANY to earn more MANY.

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Posted on 28 Oct 2024, this text provides information on Miscellaneous in Cryptocurrency related to Cryptocurrency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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Miscellaneous in Cryptocurrency
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Miscellaneous in Cryptocurrency


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