PanCakeFi Epoch
An epoch lasts 6 hours for the PanCakeFi protocol.
According to Bison Trails, an epoch is an era of time within a blockchain network.This era of time is used to define when certain actions will take place within a blockchain network, such as when rewards will be paid out or when a new group of validators will be put in charge of verifying transactions. That era of time is defined differently on every blockchain protocol.
It is usually defined as the period of time it takes for a specific number of blocks to be finalized on the chain.
Epoch : A definite duration that is set depending of each protocol. Locking the PFI protocol for a duration of 6 epoch helps reducing the volatility and dumps on the PFI. Indeed, the price of PFI is an important element to maintain good on the pools.
Last updated