# CheesecakeSwap

## **1.What is CheesecakeSwap?**

CheeseCakeSwap is a decentralized exchange built on Binance Smart Chain allowing people to trade their assets with high security and anonymity. The reason our team chose BSC is to create an ecosystem for everyone to use the platform with low fees and protect users with high security. Despite other platforms such Ethereum, BSC is much faster, much cheaper, and more scalable.&#x20;

What we are trying to do is create a perpetual deflation token, the CheesecakeSwap Token, that allows a constant price pump with a sufficient burn mechanism. We are not trying to replace the swap & exchange but to add value into the system and create a suitable and sustainable environment for people to yield farm with high APR.

### **a)Liquidity Mining (Earn)**

Liquidity pools are essential for decentralized exchanges, to reward liquidity provides CheeseCakeSwap offers community to do liquidity mining on selected pools to have a passive income. In this way, while someone provides liquidity for the selective pool, he/she earns CCAKE token as a reward.

### **b)Trade**

CheeseCakeSwap is an Automated Market Maker(AMM) that allows pairs of tokens to be traded freely and easily on the platform.

### **c)Security**

Timelock added.

Removed migrator code. (inherited from Pancake Swap)<br>


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