Hassan Maishera
The Pancakeswap team announced via Twitter on Monday that its highly-anticipated Pancakeswap V3 has launched on the BNBChain and Ethereum blockchains. The upgrade currently offers the lowest fees in the industry, increased fee earnings for liquidity providers, and new tools for a seamless user experience, the team revealed.
V3 brings an improved experience to Farms - with more flexibility, higher capital efficiency, and more rewards. Users will be able to stake their liquidity into Farms to earn even more rewards. Pancakeswap added that it would be introducing new features, including; built-in- limit order, position manager, and a VIP trading rewards program.
PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is down by 1% today and is currently trading at $3.681.
