Details about PancakeLock cryptocurrency
€1
10,000,000
1
Unknown
https://pancakelock.finance/
@pancakelock_
PancakeLock price charts
PLOCK exchanges
PancakeLock, the crypto
PancakeLock (PLOCK) is a BEP-20 token that serves as a deflationary auto-staking yield farm on the Binance Smart Chain (BSC).
The point
The main point of PancakeLock (PLOCK) is to provide its holders with a secure and reliable yield generating investment that also has token value appreciation potential. PLOCK uses a unique tokenomics and liquidity locking mechanism to ensure its holders' investment stays protected and profitable.
The problem
PancakeLock (PLOCK) tries to solve the problem of impermanent loss, which is a concept where liquidity providers in decentralized exchanges (DEXs) may lose some of their invested assets when the token prices fluctuate. By providing a lock mechanism for liquidity providers, PLOCK ensures the investment is secured, and the staking reward is always accurate.
Compare PLOCK and BTC performance
Timeframe | PLOCK | BTC |
---|---|---|
1h change | 0 % | 0.0965002 % |
24h change | 0 % | -2.07146 % |
7 day change | 0 % | -5.96184 % |
14 day change | 0 % | -6.39365 % |
30 day change | -33.06 % | -9.95984 % |
200 day change | -37.38 % | 131.019 % |
Year change | -81.45 % | 120.714 % |