PancakeSwap, a leading multichain decentralized exchange (DEX), has announced the launch of PancakeSwap V3, which will take place during the first week of April 2023.
In a press release shared with BitKE by PancakeSwap, the upgraded version will bring exciting features, including improved liquidity provisioning, competitive trading fees, trading incentives, and an enhanced yield farming experience, all accessible from a user-friendly interface.
PancakeSwap has been one of the most successful DeFi projects in the industry, with over $438 billion in total trading volume and over $2.5 billion in total liquidity locked, as of the time of writing. With the launch of PancakeSwap V3, the platform is set to cement its position as a market leader in the DeFi space.
To celebrate the upcoming launch of PancakeSwap V3, the platform will be running a special early supporter campaign. The campaign will offer $135k in CAKE and an exclusive PancakeSwap V3 NFT to reward loyal users. The campaign will run from March 5th, 2023 at 13:00 UTC until April 3rd, 2023 at 12:00 UTC.
The new version will be available on BNB Smart Chain (BSC), which is known for its fast and low-cost transactions. In addition, PancakeSwap V2 has recently deployed on Aptos and Ethereum, expanding its presence and accessibility and making headlines by achieving over 55% TVL within one month of deployment on Aptos, becoming the chains’ largest DEX by TVL and trading volume.
“We’re excited to continue our mission of bringing DeFi to everyone with the launch of PancakeSwap V3. The new features we’re introducing will offer our users an even better experience and help make DeFi accessible to more people than ever before,” said Mochi, Head Chef of PancakeSwap.
PancakeSwap is a decentralized exchange built on the BNB Smart Chain, Ethereum and Aptos Network designed to enable users to swap cryptocurrencies without intermediaries. It features high-speed and low-cost transactions, making it one of the most popular DEXs in the industry. PancakeSwap has over $438 billion in total trading volume and over $2.5 billion in total liquidity locked, making it the leading multichain DEX in the industry. For more information, visit https://pancakeswap.finance/.
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