PancakeSwap Revenue Model to Maximize Your Profits!

[evelynscarbrooks]

Revenue - An important metric to inspect the health of the crypto protocols. Especially, crypto investors need the answers to the below questions.

Number of people using the crypto platform
Ways to generate revenue
How the revenue value ramp up

Pancakeswap is a type of DEX that has the answers for all. Let's look into it.

Pancakeswap is like the Ethereum-based Uniswap that allows the users to trade, buy, and sell the tokens without any middleman. The common revenue streams of the Pancakeswap clone script are:

Swap Fees - Pancakeswap Automated Market Maker (AMM) creates the most revenue. A pay of fee around 0.25% of every transaction is termed as the swap fee. This contributes hugely to platform owners.

Lottery - There are 2 ways to generate revenue by Lotteries. They are listed below.

Allowing participants to purchase the 6-digit tickets to raise the money and draw.
Transaction fee to purchase

Initial Farming Offering (IFO)

The usage of IFOs in the Pancakeswap clone allows investors to get early access to the new tokens as soon as they are added. Besides, PancakeSwap collects the fee from the token issuer while conducting the token sales.

Staking Fee

Earning rewards through the staking CAKE through “Syrup pools”. Staking comes in 2 variations.

Fixed - Locking of staked CAKE over some time
Flexible - Staking CAKE and earn rewards with “unstake” ability

Prediction Pool Fees

The prediction product allows players to forecast the price of BNB for the next five minutes. Players place their bets in either the UP Pool or the DOWN Pool. If the BNB price ends up lower than the starting price, the DOWN Pool wins, and the total amount in the UP Pool is distributed proportionally among the winners in the DOWN Pool.

[bitgolden]

As someone who has worked with a pancakeswap copycat, I can tell you that it IS possible to make money with it, because it is not really that complicated method. However, you need to keep on getting more and more users, the system works quite like ponzi scheme, all the way until it is feasible to keep it run it.

The difference between ponzi and this would be that after you reach a certain threshold, it is very feasible and profitable so you are not scamming, but if you end up staying at lower than that threshold, then you are going to basically make nothing, and some people will empty the liquidity using bots and such, everyone will lose their money. It is hard, very hard, but it is possible, not a bad business plan to have something like this if you have the time and the funding.