Most Promising Projects to Be Listed on PancakeSwap Exchange Soon

By June 16, 2021Binance
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The emergence of new projects is usually preplanned with potential target markets in mind. While Africa is often seen as an untapped market, China is arguably the right region for massive scaling.

The evolution of trading platforms has taken the digital currency ecosystem to a whole new level. This has stirred broad crypto-economics around the multitude of tokens out there. Today, innovations become enshrined as the new normal in the crypto ecosystem. Based on this, decentralized exchanges are beginning to rub shoulders with their centralized counterparts. This competition is most obvious for featuring projects with unique fundamentals.

Amongst the decentralized exchanges around, PancakeSwap has made headlines in recent times for good reasons. The transaction volume has been above the industry average. This growth can be attributed to the types of projects that get listed on the Binance Smart Chain (BSC). These projects flaunt unique DeFi-focused offerings that grant better control to retail investors. This article profiles four unique projects billed to be launched on the Binance-backed Automated Market Maker (AMM), PancakeSwap.

Nimbus Platform

Nimbus is an automated DeFi platform that offers 16 earning strategies for users based on IPO participation, Lending, Crypto-Trading, and more. Users can also access the best of DeFi: 6 staking options, liquidity providing, LP token staking at 100% APY, and so on. The key goal of Nimbus is to merge the best of Traditional Finance with the best of DeFi in one spot and make it more user-friendly.

Nimbus Platform is boosted by 2 tokens: a utility token, NBU, and a governance token, GNBU. The holders of the latter automatically receive revenues from 10+ revenue streams of the platform at once – and participate in the governance process via DAO. The former, NBU, provides access to any of the platform’s offerings as well as extra benefits when it comes to using the Nimbus dApps.

The platform was originally based on Ethereum but now functions on Binance Smart Chain as well. This decreases the gas fees almost by 15 times and makes Nimbus solutions truly accessible to everyone. The NBU and GNBU tokens were originally designed as ERC-20 tokens but now they go live in BEP-20 standard, too. Per the team’s announcement, their first public listings will take place on PancakeSwap, June 17 and 24, 2021, respectively.

Kalmar (KALM)

Kalmar is an innovative project billed to go live on PancakeSwap via an Initial Farm Offering (IFO) model. The project is a decentralized bank powered by decentralized finance (DeFi) and Non-Fungible Tokens (NFTs). According to a blog post describing Kalmar’s vision, it was noted that the protocol seeks to combine DeFi and mix it up with the fun in NFTs. Kalmar is powered by its native token, KALM.

The Kalmar ecosystem will function via four unique functionalities. The first is the launch of the leverage yield farming platform for liquidity mining protocols on BSC. While the second functionality is the physical backing of NFTs, the third borders around the DeFi payment channel. The last offering or functionality is the proposed GamiFi, a point of intersection for gaming and DeFi. The $KALM tokens are vital to the platform governance.

Xend Finance (XEND)

Xend Finance is a Google and Binance backed DeFi platform designed for credit unions and cooperatives. Moreover, the protocol, built on Ethereum, is developing its integration on BSC, with plans to debut on PancakeSwap in the future. Xend Finance showcases a mix of what DeFi should be, in a world filled with financially marginalized citizens.

$XEND is the native token that powers the platform, and with it, holders can access unique financial products. Against the traditional 1-2% APY on investment from an investment, Xend Finance offers as much as 15% APY on savings. Besides savings products, Xend Finance also offers global access to loans, insurance, and more.

Regional Crypto Opportunities: China as an Emerging DeFi Hub

The emergence of new projects is usually preplanned with potential target markets in mind. While Africa is often seen as an untapped market, China is arguably the right region for massive scaling. The evolution of projects is often without borders, and as a result, the affinity of cryptocurrency and DeFi enthusiasts can offer big opportunities for international companies looking to expand into the Asian giant’s market.

While cryptocurrencies have come to stay, the revolutionary upticks of DeFi are notably yet to be fully tapped. As project developers innovate, consequently, the choice of the perfect market should be planned for a swift and broader embrace. Thus from what has been said this far, China ranks top of these kinds of related markets.

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.

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