PancakeSwap, one of the top DEXes in the crypto space, has just launched its v3 version on the Linea mainnet, a super-fast and low-cost scaling solution for Ethereum created by Consensys.
🐰 PancakeSwap v3 Launches on @LineaBuild ⚪️
Trade your favorite tokens & enjoy one of the lowest trading fees in the industry
👋 Say hello to enhanced liquidity provider returns and capital efficiency
🌎 Discover the future of DeFi on Linea Mainnet: https://t.co/a90nuUqLAF pic.twitter.com/zQx98u3EzQ
— PancakeSwap🥞Everyone's Favorite D3X (@PancakeSwap) August 24, 2023
This means you can now enjoy faster and cheaper transactions on PancakeSwap, while also accessing its advanced features for swapping and providing liquidity.
You can also trade on other blockchains that PancakeSwap supports, such as Ethereum, BNB Chain, Aptos, Polygon zkEVM, zkSync Era and Arbitrum.
Linea, formerly known as ConsenSys zkEVM, uses zero-knowledge proofs and full EVM compatibility to make transactions on Ethereum blazing fast and dirt cheap, without compromising on security.
PancakeSwap v3 takes advantage of Linea’s features to give you better Swap and Liquidity Provision options, making your trading experience more seamless and effective. If you’re a liquidity provider, you can also optimize your capital usage by concentrating your assets on the most traded price ranges.
And if you want to boost your returns from your locked tokens during volatile market conditions, you can use a capital multiplier of up to 4,000x.
But that’s not all!
PancakeSwap is also planning to launch its farm feature on Linea soon, which will allow you to stake your LP tokens and earn CAKE, PancakeSwap’s own token.