ACT
  • Front Cover
  • Abstract
  • Introduction to ACT (Acet)
  • What is “Fans Token” ?
  • What is “Decentralized Finance (DeFi)” ?
    • DeFi’s Total Value Locked (TVL)
  • What is Binance Smart Chain?
    • Why do we choose Binance Smart Chain (BSC)?
    • Advantages of Binance Smart Chain (BSC)
    • Economic growth of Binance Smart Chain (BSC)
    • Total Value Locked (TVL) on Binance Smart Chain (BSC)
  • Act (Acet) Roadmap
  • Tokenomic Overview
  • ACT (Acet) General Info
  • ACT (Acet) starts with 0 (Zero) Initial Supply
  • Total Supply
  • Liquidity
  • Liquidity Provider
  • Pricing Mechanism
  • Inflation Prevention (Price Inflation)
  • Benefits of ACT (Acet) Token
  • ACT (Acet) Production
  • Staking ACT (Acet)
  • Unstaking ACT (Acet)
  • Harvesting ACT (Acet)
  • Burning ACT (Acet)
  • Fees
  • Fee Usage
  • Pool of ACT (Acet)
  • Swapping on DEXs (Decentralized Exchange)
  • What is DEXs (Decentralized Exchange) ?
  • Conclusion
  • Reference
  • Appendix
  • Limitation of Liability
  • Back Cover
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What is DEXs (Decentralized Exchange) ?

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Last updated 3 years ago

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Decentralized Exchanges or DEXs are decentralized trading centers that provide trading services without intermediaries, which also provide peer-to-peer cryptocurrency transaction service. Additionally, tokens can be traded or exchanged any time as long as there is demand and supply. Also, the tokens do not need to be on Centralized Exchanges (CEXs).

PancakeSwap is a platform of Decentralized Exchanges (DEXs) that runs liquidity pools by Automated Market Maker (AMM) and are regarded as the most used platform on the Binance Smart Chain (BSC) network where users can swap various cryptocurrencies.

Example Lists of DEXs available on Binance Smart Chain (BSC) network on August 2021
Overview infographic of BSC Ecosystem on July 2021