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Feb 18
|
|
$64.07
$64.07
-0.0%
|
N/A
|
Finnhub News
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Finnhub - CAKE
The Cheesecake Factory (NASDAQ:CAKE) Reports ...
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Feb 18
|
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$64.07
$64.07
-0.0%
|
N/A
|
Finnhub News
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— |
Finnhub - CAKE
The Cheesecake Factory Incorporated (CAKE) Q4...
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Feb 18
|
|
$64.07
$64.07
-0.0%
|
LONG
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Ding X
Founder of Predict.fun / Co-Founder of PancakeSwap
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Ding X (founder of PancakeSwap, the largest DEX on BNB Chain) is now building "Predict.fun" on the BNB Chain. He explicitly states they are "combining DeFi with prediction markets" so that deposited funds earn yield via lending protocols, unlike competitors. The "Capital Efficiency" argument is strong. If a trader can bet on an election *and* earn native DeFi yield on the collateral simultaneously, liquidity will migrate from non-yielding platforms (like Polymarket) to yielding ones. This drives TVL (Total Value Locked) and transaction volume to the BNB Chain. Long BNB as the infrastructure layer and CAKE as the ecosystem proxy (given the founder's lineage), anticipating a sector rotation into yield-bearing prediction markets. Regulatory crackdowns on prediction markets; failure of the new platform to gain traction against incumbent Polymarket. |
CoinDesk
Charles Hoskinson and Ding X on Predict.Fun, ...
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Feb 17
|
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$62.56
$64.07
+2.4%
|
N/A
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Finnhub News
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Finnhub - CAKE
Preview: Cheesecake Factory's Earnings
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