BNB
by BSCN
January 31, 2023
The latest announcement from the world's largest DEX sets up a big Q1 with more multichain growth on the way.
PancakeSwap has announced that its version 3 swap and liquidity will be launched by the end of Quarter 1 in 2023. The largest Decentralized Exchange (DEX) in Web3 looks set for some major upgrades to begin the year.
During an exciting AMA session on January 31 which discussed several of the multichain updates being cooked up by the PancakeSwap Chefs, Chef Bun gave the notable news regarding the v3 update. The v3 update is expected to improve the trading and liquidity experience for users. PancakeSwap is also looking for ecosystem partners to collaborate in the v3 launch.
The PancakeSwap Chefs also indicated that more multichain growth is on the way. There will be upcoming IFOs on Aptos as well as a new Market Maker integration to Ethereum.
The over 900 listeners were also greeted with news from Chef Mochi, who confirmed that the team will look to expand to at least one or two more chains in 2023. This would make PancakeSwap accessible on up to five chains! The team is currently fielding suggestions on Twitter for which chains. Could a preferred chain get Ratio’d?
The PancakeSwap team did not record the AMA and will be providing a summary in the near future.
PancakeSwap is a Decentralized Exchange built on BNB Chain and available multichain on Ethereum and Aptos. 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.
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