PancakeSwap

**Important Update for DeFiEdge Users:** - DeFiEdge will stop maintaining all Position Manager vaults on PancakeSwap from October 10, 2024. - Users are urged to remove their funds from these vaults before the specified date to avoid potential issues. **What Happens After October 10:** - Vaults will remain accessible on the DeFiEdge UI for withdrawals. - Positions will be placed in a wide range. - Active management of positions will cease. **Action Required:** Users should take immediate steps to withdraw their funds before the maintenance stoppage to ensure the safety of their assets.

PancakeSwap hosted a Pancake Talks session featuring Solv Finance. This follows their recent successful IFO (Initial Farm Offering) with Eigenpie on Arbitrum. Key points: - PancakeSwap's first Arbitrum IFO with Eigenpie was highly successful - Total CAKE committed: 7,954,004 ($16M) - 97,863 CAKE burned ($200k) - 27,200% total overflow Post-IFO activities: - EGP trading live on Arbitrum PancakeSwap - EGP-ETH Farm and EGP Syrup Pool available - Users can claim EGP and unspent CAKE The Solv Finance talk suggests PancakeSwap's continued engagement with innovative projects in the DeFi space.

PancakeSwap has released a new FAQ blog post addressing questions about their Proposal to Redirect Emissions for Ecosystem Growth. This resource aims to provide: - Insight into the team's thought process - Clarity on user questions - Detailed explanations of the proposal The FAQ is designed to help community members better understand the potential changes and their implications. **Key points:** - Addresses concerns about emission redirection - Explains potential ecosystem growth benefits - Provides transparency on decision-making process *Read the full FAQ:* https://blog.pancakeswap.finance/articles/proposal-to-redirect-emissions-for-ecosystem-growth **Next steps:** Review the FAQ and participate in community discussions about the proposal.

PancakeSwap has outlined its development plans for the remainder of 2024: - **New Trading Venue**: A v4 DEX upgrade is in the works. - **Multichain Expansion**: Extending reach across various blockchain networks. - **Telegram Bot**: Adding a swap feature for enhanced user convenience. - **Website Upgrade**: Improving the PancakeSwap web interface. - **Zap Upgrade**: Enhancing the Zap feature for better functionality. These updates aim to improve trading efficiency, expand accessibility, and enhance user experience across the platform.

PancakeSwap, the decentralized exchange, has achieved a significant milestone on the Base network, reaching $6 billion in trading volume. This accomplishment highlights the platform's growing popularity and adoption on Base. In addition to this achievement, PancakeSwap has announced an upcoming AMA (Ask Me Anything) session: - Date: October 10, 2024 - Time: 13:00 UTC - Focus: Q4 roadmap discussion Community members are encouraged to: 1. Set a reminder for the YouTube livestream 2. Submit questions for the AMA via the provided Google Form This event offers an opportunity for users to gain insights into PancakeSwap's future plans and developments.

PancakeSwap has distributed 34,647 CAKE to locked staking users in the latest revenue-sharing round. Users are encouraged to check and claim rewards on the new veCAKE staking page. The veCAKE system allows weekly claiming of pool rewards alongside revenue shares. To participate in the next distribution on August 29, users must lock CAKE or migrate existing positions by August 21 at 23:59 UTC. A migration guide is available in the documentation. The exact CAKE reward amount may vary due to external factors.

PancakeSwap, a popular decentralized exchange, has introduced gasless swaps on the zkSync Era layer 2 scaling solution. To celebrate this launch, PancakeSwap is offering a free NFT to users who follow @Zyfi_org and @PancakeSwap on Twitter, like and retweet the announcement, and perform a gasless swap on the PancakeSwap platform. The NFT can be claimed on the Galxe platform.

PancakeSwap, a leading decentralized exchange, has reported a net reduction of 228,551 CAKE tokens in May 2024, marking the ninth consecutive month of CAKE total supply reduction. During the month, 1,022,532 CAKE tokens were minted, while 1,251,083 were burned, resulting in a 0.059% decrease in the total supply. The cumulative net mint reduction over the past nine months stands at 2,803,620 CAKE tokens.

PancakeSwap has announced the redirection of CAKE emissions to enhance the veCAKE ecosystem. Users are encouraged to visit Cakepie, StakeDAO, or Hidden Hand for strategic pools and improved incentives. The announcement highlights the impact of community participation in shaping the platform's development.

PancakeSwap, a leading decentralized exchange, has burned 8,924,466 CAKE tokens, worth approximately $25 million. The burn was fueled by trading fees from various platforms, including AMM V2 ($332k), AMM V3 ($448k), Perpetual and Position Manager ($1k), Prediction ($145k), Lottery ($69k), and NFT ($1k). Compared to the previous week, trading fees from AMM V2 decreased by 31%, while AMM V3 saw a 78% increase. The Prediction and Lottery platforms also experienced changes, with a 17% increase and a 27% decrease, respectively. The burn is part of PancakeSwap's token economics, which aims to maintain the value and scarcity of the CAKE token.