The V3 upgrade of Binance-backed decentralized cryptocurrency exchange (DEX) PancakeSwap (CAKE) has been released on Ethereum (ETH) and BNB Chain.
March at the beginning of the month to new version explaining details about PancakeSwap, more to its users effective productivity solutions and different commission options offering third version of Ethereum And BNB Initiated in Chain networks announced.
The developers of Pancake told the press about the issue that the third version SushiSwap And Uniswap like other to DEXs more than cheap transaction fees presented it.
Liquidity of the new version providers, their capital more sensitive to trading ranges to their concentration by enabling to their counterparts more than to high capital efficiency It was also stated that they had access to
According to the information given, DEX differs from the previous version. 0.01%, 0.05%, 1% And 0.25% including four different transaction fees offers levels. In this way, offered to liquidity providers productivity and between traders maintaining balance is intended.
In addition, the developers have announced that it will be available in the near future. VIP with the program to 5% up to transaction fee discounts at different levels, such as incentive packages stated that it will be presented.
On the other hand, the stock market’s official social media account during the day over 27 million worth a dollar 7.1 million CAKEs He said he was burned.
According to Coinecko data, the latest 30 in a day 1.4% depreciating CAKEin the last 24 hours 1.7% declining as of writing 3.72 traded at the dollar level.