More Assets For More Pancakes!
PancakeSwap has grown to become the largest decentralized exchange on Binance Smart Chain since its launch.
And the chefs have no plan to stop here, with features on the pipeline such as the upcoming lottery, lending and more.
After a thorough investigation (and a few bottles of syrup), we noticed that some of the popular pairs lacked some liquidity in pools.
To rectify this, Chef Nyan (our resident galaxy brain) has drawn up the below solution:
- Add CAKE rewards for WBNB/USDT, XRP/WBNB, DAI/WBNB, YFII/WBNB, ATOM/WBNB, XTZ/WBNB and BCH/WBNB pairs.
- Adjust the weighting of rewards across the set of existing pairs.
Why is it necessary?
If you love PancakeSwap as much as we do, you want to commit to the protocol’s long-term success.
Precisely, PancakeSwap’s long-term success will come from having the largest liquidity across a wide variety of trading pairs … which is ultimately provided by our “sweet” community.
The chefs expect this new proposal to foster the community’s liquidity provision for today’s most popular assets in crypto.
Also, you will get a shot at some super high APY farming for a short time when each of the new pools go live.
Final notes
As promised, the first flippening is fast approaching.
At the time of writing:
Sushi — 304M TVL
PancakeSwap — $218M TVL
Stack’em!
Chef Hops
