Binance-backed decentralized cryptocurrency exchange (DEX) PancakeSwap pointed to an important development for the first week of April when it stated that $ 27 million worth of CAKE was burned.
A recent social media shared by PancakeSwap in your posts, huge CAKE near to and PancakeSwap V3 that will take place in April of the upgrade details were included. Approximately $27 million worth 7 million 153 thousand CAKEStating that , the team stated that the burning process 80%of your from trading fees stressed that.
previous version Ethereum (ETH) And aptos (APT) Operating on blockchains, PancakeSwap became one of the networks it operates with the V3 integration. BNB ChainIt will also add .
On the other hand, in the statement made by the team, it was stated that PancakeSwap V3 will be introduced in the first week of April, and this move will bring new features such as improved liquidity provision, competitive transaction fees and transaction incentives. Also with this update pool And farm It was also suggested that constructive touches would be put on decentralized yield options such as
PancakeSwap chief executive Mochi said V3 is an important step towards the accessibility of the entire ecosystem:
The new features we offer will provide an even better experience for our users and help make DeFi accessible to more people than ever before.
Based on DefiLIama data on PancakeSwap $2.47 billion worth Total Locked Asset (TVL). CoinGecko In the last 24 hours, according to data provided by 1.9%CAKE, depreciating by , at the time of writing from $3.74 is being traded.