Just realized that Pancake's second round of token launch has already started. I actually came across this project before when I was researching Binance's MVB program @sigmamoney. Let me share some of my notes from back then. This project is also a native @BNBCHAIN project, specifically focused on asset yield splitting on BNB Chain, which falls under the pure DeFi sector. So, what does it do exactly? It's kind of similar to what Pendle is doing. Users stake BNB and can split the yield into two parts: one part is a predictable stable yield, and the other part is a volatile yield, kind of like Yt and Pt? This allows traders to choose their own risk preferences and strategize accordingly. Back then, my impression was that if this project is executed well, it could enhance liquidity on the BNB Chain and provide more room for professional DeFi players. The team has been around since the early days of the BNB Chain Summer, so instead of chasing market trends, they've been deeply focused on refining their work in the DeFi space. There are just over 2 hours left before the public sale ends. I'm planning to put some of my CAKE in to support it. After all, with the oversubscription model, it's unlikely to lose money—how much you earn depends, unless all your CAKE is borrowed.