BNB
by BSCN
March 4, 2023
PancakeSwap is launching its V3 platform in April and is offering an early supporter campaign with a $135K CAKE airdrop and an exclusive NFT to users who maintain their liquidity in selected pools April 3, 2023.
PancakeSwap has announced the release of V3 in the first week of April, 2023 and has accompanied the exciting news with a special early supporter campaign.
The team exclusively revealed to BSC News that the new PancakeSwap V3 platform, which will launch in the first week of April, will offer competitive trading fees, trading incentives, improved liquidity provisioning, and yield farming experience.
"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.
To celebrate the launch of PancakeSwap V3, the platform will be airdropping $135,000 USD in CAKE and an exclusive PancakeSwap V3 NFT to early supporters. The campaign will run from March 5th, 2023 at 13:00 UTC to April 3rd, 2023 at 12:00 UTC.
Part 1 of the campaign involves maintaining a minimum of $500 USD liquidity staked in BUSD/WBNB, USDT/WBNB, BTCB/WBNB, or ETH/WBNB liquidity pools on PancakeSwap's Masterchef v2.
Users who maintain their liquidity until April 3rd, 2023, will be eligible to receive a share of the $105,000 USD worth of CAKE airdrop, based on the tiers listed on PancakeSwap's website. Users who remove their liquidity during the campaign period will be disqualified.
Part 2 of the campaign doubles the rewards for participants. Existing users who have qualified for Part 1 can add an additional $500 to $20,000 liquidity in the same selected liquidity pools to qualify for a share of the $30,000 worth of CAKE airdrop.
New users must add a minimum of $500 to $20,000 liquidity in the selected pools between March 5th, 2023 at 13:00 UTC to March 18th, 2023 at 12:00 UTC, and maintain it until April 3rd, 2023 at 12:00 UTC, to be eligible for the additional airdrop. The same disqualification rules apply as in Part 1.
In addition to the airdrop rewards, users who participate in Part 1 of the campaign will receive an exclusive PancakeSwap V3 Legend NFT as a symbol of their loyalty and support for PancakeSwap.
To maximize rewards, PancakeSwap encourages users to take advantage of the new APR adjustments and explore different pools. Users can find all necessary information about the PancakeSwap V3 Early Supporter Campaign on the PancakeSwap website.
PancakeSwap is a Decentralized Exchange (DEX) built on BNB Chain. It offers users various features such as Liquidity Pools (LPs), swapping, yield farming, Syrup Pools, an Automated Market Maker, Initial Farm Offerings (IFOs), an NFT profile system, and other tools.
In addition, the protocol helps users make the most out of their crypto assets by trading, earning through yield farming, and winning via lottery, prediction, and NFT collectibles. With the highest trading volumes in the market, PancakeSwap is the leading DEX on BNB Chain.
Where to find PancakeSwap:
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