What is the FLIP token and how can I get it?
The FLIP token is a governance token of the PancakeSwap decentralized exchange (DEX).
It is used to vote on proposals that affect the PancakeSwap platform, such as listing new tokens, adjusting fees, and more. FLIP tokens are distributed through liquidity mining. This means that users can earn FLIP tokens by providing liquidity to PancakeSwap’s liquidity pools.
When users provide liquidity to a pool, they receive a portion of the trading fees generated from that pool in the form of FLIP tokens. In addition to earning FLIP tokens through liquidity mining, users can also purchase them directly from exchanges such as Binance or Huobi Global.
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