PancakeSwap clone script (Premium features and andvantages)
Tags: blockchain
Published: 2022-10-30 06:33:14

Original pancakeswap is a DEX platform that enables the exchange of available tokens via the Binance smart chain without losing custody of assets at any time. The pancakeswap clone script is fully responsive and provides all essential features of the original platform, and gives n excellent user experience to its users. This is actually a website script that has already been developed, confirmed, planned, and conveniently available for deployment. Although [**this clone script**](https://radindev.com/pancakeswap-clone-script/) consists of all features and functions like the original pancakeswap, the owner can request their desired features and customize them.

![Image description](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/5747hzu4i11h47w1g05k.png)
 
##Essential features of the clone script
Using this crypto exchange, traders can provide a fixed sum to a liquidity pool by farming and thus generate income. It has almost 100 various liquidity pools in its range that are linked to different trading pairs. Via providing liquidity, investors can receive a percentage of the pool’s payouts and gain cake tokens as a reward. The earned cake tokens can then be used in different liquidity pools using staking, sold to other traders at the daily rate, or converted into fiat money. Additionally, traders can involve in initial farm offerings (IFOs). These are primarily used to distribute new tokens among traders. Keeping these in mind, the essential features of this crypto platform can be described in detail below:
•	Staking and yield farming: this clone script performs yield farming using containing crypto tokens in liquidity pools; thereby, they can provide liquidity for other traders. The liquidity tokens of this platform support yield farming during transactions.
•	Lottery scheme: pancakeswap token holders in the crypto exchange can participate in lottery scheme-based exchange by farming or other ways. The requirement to participate in the lottery is owning at least one pancake token.
•	NFTs: this got unique trading options that enable users to get used to the Binance smart chain.
•	Decentralized process: the DEX-based design and development of the pancake script crypto exchange present an automated market maker which enables users to make limitless trading and swapping.
•	Token swapping/exchange: This is a simple method to trade one BEP-20 token for another using automated liquidity pools. When a trader makes a token swap on the platform, they’ll pay a 0.25% swapping fee. This fee is broken down as follows:

	0.17% returned to liquidity pools as a fee reward for liquidity providers
	0.0225% sent to the Treasury of the pancakeswap
	0.0575% sent to CAKE buyback and burn.

•	Liquidity pools: traders can deposit their tokens in liquidity pools and charge fees for any transaction on the exchange.
•	Voting system: users who hold tokens are obliged to have full rights to vote in occurring problems and issues as well as that upcoming platform updates.
•	Bug bounty source: traders are enabled to find the platform's bugs and receive rewards.
•	Portfolio updating: traders can create a profile and update it for processing and transactions n the crypto clone script.
•	Removal of KYC: As you may know, KYC is a set of procedures that financial exchange platforms implement to verify user identity. It is the first stage of anti-money laundering (AML) and helps the exchange sites assess a user's risk level. However, there are some exchanges that don't require KYC, or non-KYC, like pancakeswap, Uniswap V3 and dYdX exchanges. Although these exchanges don't use KYC, their users are asked to give personal information when they want to withdraw their funds. 
•	Optimized trading: Compared to most crypto exchange websites, trading on this crypto platform is more straightforward since a trader isn't overwhelmed by charts or jargon, and all calculations have been handled for the user by the site.
•	Anonymous trading: This is when a user makes a trade without revealing their identity. It is usually performed on anonymous bitcoin platforms and anonymous brokers.
•	Flash swapping: Flash swapping feature refers o pair contracts sending output tokens to the other side of the trade before enforcing that enough input tokens have been received. 
•	Own custody of tokens: This property means holding your digital assets, and only you are allowed access to them. In other words, you choose not to use a third party and manage your private keys personally. The critical aspect of self-custody is that privacy, censorship resistance, inflation resistance, and usability of tokens may all be negatively affected by custodians. But this feature will help you to ensure these qualities are still preserved.
•	Highly secure: There are several security options which can be used for the pancakeswap clone script, including:
	In-built security A
	Multiple layers of security options
	Advanced encryption
	End-to-end SSL encryption
	Protection against DDoS
	Encryption bridging

•	High rewards: One excellent feature of this crypto exchange is that you can gain rewards from it in different ways.
Other prominent features of this exchange clone are:
•	Effortless pairing
•	Efficient smart contract
•	Multiple wallet integration
•	Low transaction fees
•	Flexibility token exchange
•	Path to Sustainability


![Image description](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/yzc8uvg9pl4c52khgwh1.jpg)
 
In addition to the features mentioned earlier, some development companies like RadinDev offers premium features for their pancakeswap clone script. Some of these premium features are:
-	Metamask
-	Trust wallet (clone script)
-	Binance chain wallet
-	Multi-sign for contracts
-	Multicurrency support
-	Multilanguage support
-	Login Verification
-	Transaction history
-	Contract time lock
-	DEX exchange
-	Market-trading bot*
* One of the benefits of choosing RadinDev as a development company to clone a pancakeswap-like software is its market-making bot. This bot has specific features which make the trades easier for users. These features are:
1)	27/7 support for all trading pairs
2)	Using this bot can potentially raise the trading volume
3)	Their expert developers are responsible for all processes of setting up and integrating bots
4)	Creation of liquidity
5)	Providing investors with algorithms of order types
6)	The experienced developers offer all necessary technical support for bots
7)	Simulation of active trades in the order book
8)	Determining prices and receive on the spared

##Revenue-generating streams for a business from a pancakeswap clone
This exchange clone script allows its users to get revenue in different ways:
###Swap fees
Like other DEX clone script, such as Opensea clone script, Binance clone script, or Uniswap clone script, a user's activity in the pancakeswap clone script charges a fee. Trading of swapping tokens in pancake exchange can charge the users a small percentage of the transaction fee and this amount can enhance when the trade volume increased. For example, the swap fee can be 2.5% of the final price.
###Advertisements
In exchange platforms like [pancakeswap](https://pancakeswap.finance/), advertisement is a prevailing way to gain revenue. After that, your crypto exchange becomes popular across the world; there are third parties who are willing to publish their ads on your crypto exchange platform. as the exchange owner, you can charge for displaying their ads on your platform hourly.
###IFO
IFO, or Initial Farm Operating, is a relatively new revenue generation. It is a crypto crowd-funding platform where newly launched tokens are sold to investors. Using this feature on your crypto software allows you to charge a fee for users who want to sell their newly launched tokens.
###Staking
This revenue generation way will help traders unlock the market's crypto tokens for a certain period in the clone script. The pancakeswap clone software can stake native tokens in SYRUP pools, and it is where you should consider revenue generation. In addition, you have your tokens on the market so that you can use them as a utility service.

##advantages of using such a clone platform
-	Fast-speed audition: This can optimize the audit in the clone script to ensure the best order completion of the transactions.
-	Simple interface and easy access: the clone script has a simple and user-friendly interface compared to its rivals. Users don’t need to have prior experience in using it.
-	Liquidity pool: traders can loan their assets to the liquidity pools, gain liquidity tokens, and stake them to get more profits.
-	Flexible borrowing and lending systems: using which a user can loan disbursal facilities cause better user experience
-	This clone platform benefits from an advanced payment gateway that gives users more freedom.
-	This crypto clone script ensures its users the security of readings by its nature and decrees the risk of being altered, tampered with and falsified.
-	Through this platform, traders can stake their tokens in their wallets and gain different rewards.
-	Incorporating smart contracts on the platform can assure the trade's safety since it can oversee the transactions throughout the process.
-	The pancakeswap market can support different digital wallets to store assets.
-	This crypto website is developed by automated market making that makes trading straight on it.
-	It provides users with an easy trade and swap.
 

![Image description](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/d7vpxv8ml3f4w42eqcfr.jpg)
##What is the working mechanism of the clone script?
The working mechanism of the pancakeswap clone script follows these steps:
1.	Wallet integration: the first step to start trading on this clone script is integrating a crypto wallet into the platform.
2.	Liquidity audition: the exchange website accepts users' funds and promotes them as the platform’s liquidity providers.
3.	Token use case specification: the pancake script is improvising the token visibility and utility of tokens.
4.	Processed token specifications: those tokens that are going to be traded off should be specified using participating in the platform.
5.	Verify the transaction process: after that, a user specifies the token type, and trading will be available.
6.	Confirm the progress: to end the exchange process in the pancakeswap clone, the trader will be made the validity.

##How to create a pancakeswap-like clone software?
Although using a premium, the ready-made crypto platform allows you to have an exchange website with all the essential features of its original platform; there are some steps you have to take before starting to deploy this clone script. Before running your pancakeswap-like crypto exchange, like any other exchange website, you should have an exact strategy in mind and shape a proper plan to start such a well-operational platform. You can launch your distinct exchange at an affordable price and full-featured function by having a clear plan. It is worth mentioning that there is a free pancakeswap clone script source code on the GitHub. Everyone on this website can find different software codes like crypto exchange platforms. For example, everyone can find Binance clone download freely. However, downloading the pancakeswap clone script GitHub maybe not be an excellent solution for you to construct your platform based on it from different aspects. 
So, some of the essential factors you should consider to start a DEX pancake swap are as follow:
1.	Have a clear strategy
2.	Do a deep market analysis and research
3.	Check the legal feasibility and jurisdiction of the relevant country
4.	Select the geographical location you want to launch your pancakeswap-like exchange
5.	Choose the blockchain technology
6.	Design a user-friendly interface for your decentralized exchange platform
7.	Add different security layers to your crypto exchange
8.	Confirm the quality of your crypto website
9.	Run a beta test
10.	Deploy the pancakeswap clone script to the market
11.	Use a separate marketing channel to promote your crypto exchange platform.