PancakeSwap Launches v3 on Polygon zkEVM Mainnet Beta
PancakeSwap, the decentralized exchange, is thrilled to announce the launch of its v3 on the Polygon zkEVM Mainnet Beta. This update brings a range of exciting new functionalities, including lower trading fees, increased capital efficiency, and an enhanced user experience.
Multi-Tier Fees for Traders
Traders can now enjoy the flexibility of choosing from four different fee tiers on PancakeSwap v3. These fees range from 0.01% to 1%, allowing traders to align their trading preferences with the liquidity pool they are operating in. By providing customizable options, PancakeSwap aims to offer lower trading fees, benefiting all users on the platform.
Enhanced Capital Efficiency
PancakeSwap v3 empowers traders to concentrate their capital within specific price ranges where most trading activities occur. This capital efficiency enhancement ensures more effective utilization of resources, leading to reduced slippage and an overall improved trading experience on the platform.
Integration with Polygon zkEVM Mainnet Beta
PancakeSwap’s integration with Polygon’s zkEVM Mainnet Beta harnesses the power of Ethereum’s Layer Two scaling solution. This integration significantly reduces gas costs associated with trading, making it more cost-effective and accessible for users on the platform.
Traverse the Treasure Islands Campaign
To celebrate the v3 launch on Polygon zkEVM Mainnet Beta, PancakeSwap is hosting the “Traverse the Treasure Islands Campaign” on Galxe. Participants can engage in various tasks to earn loyalty points and gain exclusive access to celebratory NFTs, adding an extra layer of excitement to the platform’s expansion.