PancakeSwap use BNB Smart Chain to Launch Version 3
PancakeSwap has chosen to use BNB Smart Chain as the platform for launching PancakeSwap Version 3 because BNB Smart Chain offers fast transaction speeds, low fees, and high scalability, making it an ideal blockchain for DeFi applications.
DeFi crypto exchange PancakeSwap expressed on Saturday that a new Version 3 rolling out to users by next month.
PancakeSwap Version 3 upgrade promises more competitive trading gees and improved liquidity provisioning.
According to Mochi the head chef of PancakeSwap "The new features we're introduce will offer our users even better experience and help make DeFi accessible to more people than ever before"
PancakeSwap Version 3 is launched in April and will be accompanied by a suite of upgrades to the service like competitive trading fees and improved liquidity provisioning.
PancakeSwap detailed a rewards campaign that coincides with the launch of its updated exchange that will give users an airdrop of the exchange's CAKE token if they contribute a certain amount of funds to the platform's liquidity pools.
Users providing liquidity within the campaign's requirements will also receive an NFT that serves as a symbol of loyalty towards PancakeSwap. However, this token is can't be sold and the campaign can't be modified or canceled at any time.
PancakeSwap V3 is launching on the 1st week of April!— PancakeSwap #Multichain (@PancakeSwap) March 4, 2023
Early supporters will receive an exclusive NFT and a share of the $135K airdrop
Don't miss out on this opportunity and join us now by adding liquidity on BSC PancakeSwap
Full details here: https://t.co/5QjGWOxd3g pic.twitter.com/2dpFKZwcms
PancakeSwap version 2 is currently the fourth most popular choice among decentralized exchanges with $84 million in trading volume over the past day, V2 was also recently deployed on Aptos where it has a $30.3 total value locked (TVL).
The live PancakeSwap price today is $3.75 with a 24-hour trading volume of USD 24,446,252 PancakeSwap is down 1.38% in the last 24 hours. The current CoinMarketCap ranking is #69 and PancakeSwap’s CAKE token is currently ranked 71st in terms of market capitalization compared to other tokens in CoinGecko and with a live market cap of $704,563,564. It has a circulating supply of 187,800,827 CAKE coins and a max. supply of 750,000,000 CAKE coins.