Decentralized exchange PancakeSwap moves into GameFi

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Decentralized exchange PancakeSwap moves into GameFi
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Players can use the DEX's native CAKE tokens for gameplay.

that it had launched a new tower-defense GameFi game in conjunction with BNB GameFi protocol Mobox. Dubbed"Pancake Protectors," the game allows players to utilize the DEX's native CAKE tokens to earn in-game rewards.

Utilities for CAKE tokens within Pancake Protectors include accelerating the level-up process, purchasing in-game currency, claiming CAKE heroes, staking CAKE to earn resources, and unlocking game levels. There will also be an in-game marketplace for trading CAKE heroes, which can be further enhanced by participating in lotteries yielding nonfungible token upgrade rewards.

"Adapted from MOBOX's MOland Defense Game, players assume the role of a commander to assemble hero characters across various levels and engage in a tower defense game. CAKE hero characters are the most coveted characters in-game and can be purchased with CAKE tokens. In addition, players integrate their NFT with the in-game heroes and display it on their PancakeSwap profile.Launched in 2020, PancakeSwap has become one of the most popular DEXs, with $462 billion in cumulative trading volume and over $2.5 billion in total value locked.to lower its CAKE token inflation rate from over 20% to a target range of 3% to 5%. The price of CAKE tokens subsequently plunged 36% in the past month to $1.

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