PancakeSwap's Meme2Million Campaign Burns $615K in Trading Fees
PancakeSwap's Meme2Million Campaign Burns $615K in Trading Fees
🔥 Millions Burned in Memes
PancakeSwap's Meme2Million: Burn to Rise campaign has concluded with significant results:
- 39 memecoins achieved $1M+ market cap
- Total of $615,000 in trading fees burned
- Campaign demonstrated successful token burn mechanics
This follows a record-breaking month at their in-game marketplace with:
- Trading volume: 2.83M
- Burn fees: 123,142
- Monthly burn rate: 0.75% of circulating supply
For detailed information, visit the full recap
Meme2Million: Burn to Rise campaign has officially ended! 🔥39 memecoins that hit $1M+ market cap had a total of $615K in trading fees burned Check out the full recap blog.pancakeswap.finance/articles/meme2…
🔥 Meme2Million: Burn to Rise 🔥 A growth campaign with @PancakeSwap, starting NOW, to reward memecoins that make it big. How it works: 1️⃣ The token is launched on Four.Meme 2️⃣ The token has graduated to PancakeSwap 3️⃣ If it hits $1M+ market cap at 00:00 UTC, it
Crosschain Swapping Evolution
A significant advancement in cross-chain technology has emerged, enabling seamless token swaps across multiple blockchain networks. The update builds on previous developments from October 2024. Key features: - Permissionless trading across major networks including Ethereum, BNB Chain, and Layer 2s - 3-second transaction completion time - Enhanced security protocols - Improved user experience with reduced complexity The system now operates across *nine major networks* including **Ethereum, BNB Chain, Aptos, Polygon zkEVM, zkSync Era, Arbitrum, Linea, Base, and opBNB**.
BNB Chain Liquidity Drive Shows Strong Growth
The USD1 x BNB Chain Liquidity Drive continues to demonstrate significant momentum on day 2: - New projects reached $37.16M in cumulative trading volume - Existing projects achieved $223.52M in cumulative trading volume This follows a broader trend since mid-January, where BNB Chain has seen substantial growth: - 127% increase in dapp unique active wallets (UAW) to 5.36M - $19.59B total dapp volume in 7 days - PancakeSwap leading with $16.28B volume *Data source*: [DappRadar](https://dappradar.com/chain/bnb-chain)
PancakeSwap Infinity Security AMA with Leading Audit Firms
PancakeSwap is hosting a security-focused AMA on June 5th at 13:00 UTC featuring representatives from three prominent audit firms: - Hexens - Zellic - Cyfrin Audits The session will explore: - Security architecture of PancakeSwap Infinity - Key lessons from the development process - Essential DeFi safety practices for users This follows their previous Infinity AMA from May 12th, now with specific focus on security measures and auditing processes. Watch live: [YouTube Stream](https://www.youtube.com/watch?v=w6SliIypyfw)
PancakeSwap Achieves Record-Breaking $173B Monthly Volume
PancakeSwap has reached a significant milestone with $173 billion in monthly trading volume, showcasing DeFi's mainstream potential. The platform's Base deployment alone saw volume surge from $467M to $1.19B in a single month. - Monthly volume hit all-time high of $173B - Base deployment grew by $727M month-over-month - Success attributed to accessibility and user-friendly features [Read the full report on The Defiant](https://thedefiant.io/news/defi/pancakeswap-hits-record-usd173-billion-in-monthly-volume-partners-with-trump-s-world-liberty)
PancakeSwap Enhances Liquidity Page with Comprehensive Pool Display
PancakeSwap has rolled out significant updates to its Liquidity page, now displaying all active liquidity pools instead of just Farms. Key improvements include: - Enhanced search functionality for pools by token address, name, pool type, and features - Complete visibility of trending and new tokens - Streamlined token search on Swap page covering all active liquidity pools These updates aim to simplify the process of finding and managing liquidity positions across the platform.