PancakeSwap is looking to assert its dominance on BNB Chain and continue its multichain expansion in 2023. Check out the DEX’s new Roadmap.
Big Things Cooking for Q1
You didn’t really think PancakeSwap would back down from challenges to its dominant position on BNB Chain, did you? Faced with multiple new Decentralized Exchange (DEX) competitors, the chefs are cooking up a storm behind the scenes.
According to a newly updated Roadmap for 2023, PancakeSwap has ambitious plans beginning in the first quarter of the year, including a v3 Swap & Liquidity Upgrade, Smart Router Upgrade, Market Maker Integration, and continuing Multichain Expansion.
Other items on the evolving menu include:
- Initial Farm Offerings (IFOs) on Aptos
- Affiliate and Ambassador Program
- NFT Utilities and Platform Upgrades
- Fiat Integrations
- More DeFi Products
Check out our recent story on BSC News to see how the 2023 Roadmap builds on achievements from 2022.
What is PancakeSwap:
PancakeSwap is a Decentralized Exchange (DEX) built on BNB Chain and available multichain on Ethereum and Aptos. It offers users various features such as Liquidity Pools (LPs), swapping, yield farming, Syrup Pools, an Automated Market Maker, Initial Farm Offerings (IFOs), an NFT profile system, and other tools. In addition, the protocol helps users make the most out of their crypto assets by trading, earning through yield farming, and winning via lottery, prediction, and NFT collectibles. With the highest trading volumes in the market, PancakeSwap is the leading DEX on BNB Chain.
Where to find PancakeSwap:
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.