Veröffentlicht von • PancakeSwap V3 was launched on Ethereum and BNB Chain, resulting in a surge of CAKE price to a high of $3.83.
• The upgraded platform offers users the cheapest fees for on-chain trades among its competitors like Uniswap and SushiSwap.
• PancakeSwap V3 also introduces four different trading fee tiers, VIP trading reward program, and position manager feature.
PancakeSwap V3 Launch
PancakeSwap V3 was launched on Ethereum and BNB Chain, resulting in a surge of CAKE price to a high of $3.83. At press time, CAKE price was up 2.13% to trade at $3.77 a day after the announcement.
Cheapest Fees For On-Chain Trades
The upgraded platform offers users the cheapest fees for on-chain trades among its competitors like Uniswap and SushiSwap. It will also offer increased returns for liquidity providers by allowing them to concentrate their capital on smaller ranges leading to higher returns.
Four Different Trading Fee Tiers
PancakeSwap V3 introduces four different trading fee tiers for users: 0.01%, 0.05%, 0.25%, and 1%. Each token pair can have a liquidity pool for each fee tier as well as an option to adjust positions based on rewards and fees over time with the addition of position manager feature which eliminates manual calculations from third-party integrations .
VIP Trading Reward Program
PancakeSswaps VIP program is designed as a tired system that rewards traders with things like up to 5% trading fee rebates depending on their trading volume .
Conclusion
In conclusion, Pancake Swap has released version 3 of its platform with added features such as lower fees, increased returns for liquidity providers, four different trading fee tiers, VIP trading reward program, and position manager feature making it one of the best platforms available right now in terms of user experience and returns offered