PancakeSwap Changes Leadership, Chef Snowball to Lead The Way

The PancakeSwap team just got bigger with seven new hirees but Chef Hops passes the baton his successor to lead.

By
Utulu Hope
on
September 28, 2021
Category:
BSC News

Exciting Days Ahead

PancakeSwap has announced some whole sale changes in leadership as well as several new hiring to their team. The group enlarges its team as former leader Chef Hops makes way for new leadership by taking an advisory role. 

Chef Hops led the team through an exciting year and the platform has achieved many milestones as the leading Decentralized Exchange (DEX) on the Binance Smart Chain (BSC) network. 

"Starting with speeding up our hiring together with Hops, Snowball’s going to be leading the charge in the next phase of our development, and we’re flipping excited to work on what’s coming next," the PancakeSwap team published on their recent Medium posting. 

The popular DEX on the BSC network has grown by leaps and bounds and is now ranked 36 in terms of market capitalization. A comparable benchmark is Uniswap, a DEX that runs on the Ethereum network ranked 13 with a market capitalization of $14.1 billion. Uniswap was launch in November 2018 compared to PancakeSwap’s one year’s presence.  

Source: PancakeSwap enlarges its team and is now planning its new menu

The Hiring Continues

In a thread of tweets by the outgoing head chef, Chef Hops acknowledged that PancakeSwap has scaled and he may no longer be suitable to lead the team in its next phase of growth.

The roadmap ahead for PancakeSwap’s is an exciting one and this includes having its own NFT Marketplace. Set to be launched at the end of this month, the launch has been deferred from the initial September 22 date. Chef Corgi the new hire will be ensuring that the launch will take place. 

Three other recruits were hired to handle the backend, frontend and solidity development, and two for business development. PancakeSwap continues to seek suitable candidates to look into onboarding new projects and new Initial Farm Offerings (IFOs). PancakeSwap is also still in the process of hiring more engineers to deal with the technical aspects of its platform. 

Source: PancakeSwap reached $19.95 billion in TVL on September 17 as it continues to be the preferred DEX on BSC.

Exciting Q4

The PancakeSwap team has served its community well with innovative products and services. The Decentralized Finance (DeFi) market will be an interesting sector that is expected to see more growth and a DEX sits in the center of any DeFi protocols. PancakeSwap will likely see a robust ecosystem and will be instrumental as the top DEX on BSC. 


About PancakeSwap 

PancakeSwap is a DEX built on BSC. It offers users various features such as Liquidity Pools, Swapping, Yield Farming, Syrup Pools, Automated Market Maker, Initial Farm Offering (IFO), NFT profile system, and many others. 

In addition, the protocol helps users make the most out of their crypto assets by trading, earning through yield farming, and winning via lottery, prediction, and NFT collectibles. With the highest trading volumes in the market, PancakeSwap is the leading DEX on the BSC. 

Where to find PancakeSwap:

Website | Twitter | Medium | GitHub

Tags:
Utulu Hope

UC Hope is a passionate fan of crypto who could weave the latest event into sparks of inspiration and information. He leaves no stone unturned to get to the core of a story. Aside from writing, he spends his hours poring over algorithms and protocols, preparing for a future career as a computer programmer. He hodls mostly in Ethereum, BNB, and, Avax.

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