PancakeSwap Announcements

🔔 Updates for Ethereum Position Managers

1. "wstETH-ETHx (RANGE#5)" holders, time to migrate to keep earning CAKE! 👉 https://pancakeswap.finance/migration/bcake?chain=eth

2. "WETH-rswETH (BRIL#5)" will start distributing CAKE following the latest gauge voting results.

📅 Both activities kick off on June 8, at 18:00 UTC.

Stay ready and maximize your rewards!

Don't settle for $3B when you can reach far beyond!

Our BNB Chain v3 trading volume has soared from $3.23B in May last year to an impressive $8.13B with 150k daily users last month. The sky's the limit.

🔥May CAKE Burn Report:
👨‍🌾Minted: 1,022,532
🔥Burned: 1,251,083
📉Net Mint: -228,551
🔻% of total supply burned: -0.059%

🐰This marks the 9th consecutive month of CAKE total supply reduction, with a cumulative -2,803,620 CAKE net mint

https://blog.pancakeswap.finance/articles/may-2024-pancake-swap-s-cake-burn

We deeply appreciate all the feedback on our RFP to LayerZero: https://x.com/PancakeSwap/status/1799006291555418120. This proposal provides us an opportunity to explain our rationale behind the distribution and emphasize the contributions of those who support PancakeSwap, which also benefits LayerZero. Here are detailed answers to frequently asked questions.

FAQ 🧵

1. Why allocate 45% to CAKE holders?
This allocation rewards CAKE holders for their loyalty and support. It incentivizes continued engagement and investment in PancakeSwap. Additionally, many CAKE stakers are also active LayerZero (L0) users. Between Dec '22 and Feb '23, PancakeSwap contributed 1-5% of daily LZ messages and up to 30% on high-volume days, showing our significant role in LayerZero's growth.

2. Can you justify how the proposal prioritizes L0 users?
The 'Protocol RFP' proposal is the first step in the TGE distribution process. It allows each project to establish its own allocation standards. Projects with OApp, OFT, or ONFT contracts on the mainnet before Snapshot #1 are eligible to submit proposals, with over 200 submissions so far. We believe LayerZero users are also PancakeSwap users, fostering a mutually beneficial relationship.

3. Why allocate 3% to people who used the bridge?
Allocating 3% to bridge users acknowledges their essential role in facilitating cross-chain transactions and ensuring interoperability within the ecosystem.

4. Has PancakeSwap been partnering with LayerZero for bridging?
Yes, PancakeSwap has been partnering with LayerZero for bridging since 2022. This partnership enables CAKE token bridging through PancakeBridge, using LayerZero's OFT technology to ensure seamless transactions.

5. How does PancakeSwap help the development of LayerZero?
PancakeSwap showcases multichain capability improvements through LayerZero, demonstrating the versatility of our CAKE token as an Omnichain Fungible Token (OFT). This enhances LayerZero's ecosystem with increased utility.

6. Will CAKE holders on exchanges receive the airdrop?
CAKE holders on exchanges will receive the airdrop if the exchanges participate in the distribution. We are coordinating with exchanges to ensure eligible holders benefit.

7. When and how will they receive the airdrop?
After approval, the airdrop will be distributed based on the proposal’s implementation plan. This typically involves snapshots and direct distribution to eligible holders.

8. How much does PancakeSwap contribute to the ecosystem with this partnership?
Since partnering with LayerZero, PancakeSwap has facilitated over 264,000 transactions, allowing users to move CAKE across deployed blockchains. We've collaborated with multiple OFT protocols, including STG, USDV, CANTO, and PEPE, building robust multi-chain liquidity and broadening platform access.

9. How important is the incentive of PancakeSwap operators and traders for LayerZero?
Incentivizing PancakeSwap operators and traders is crucial for expanding our user base, increasing transaction volumes, and enhancing liquidity across LayerZero’s ecosystem. This active participation is vital for network growth and operational efficiency.

10. When will we know the final decision from LayerZero?
We do not have the final decision timeline yet. As soon as it becomes available, we will promptly communicate it to the community.

Thank you for your continued support and understanding. For more, please read: https://commonwealth.im/layerzero/discussion/22856-pancakeswap-rfp

😌Ending my week by achieving the number 1 position for 24H Volume on zkSync Era

👉Source https://defillama.com/dexs/chains/zksync%20era

🤔Wondering how to Farm on Aptos PancakeSwap?

📺 Watch the video tutorial here https://youtu.be/NqWiMyHErrY?feature=shared

🤩Pro tip: We are running several campaigns that offer DUAL farming incentives and BONUS APY - learn more here https://blog.pancakeswap.finance/articles/boost-your-rewards-explore-pancake-swap-s-new-campaigns-and-features-on-aptos

🔐🛡️Learn how to safeguard your asset with top tips and our security measures.

Stay safe and trade smart on PancakeSwap and all DeFi platforms:https://blog.pancakeswap.finance/articles/de-fi-security-protecting-your-assets-on-pancake-swap

🔮 We’ve teamed up with Allora Network to bring you an AI-powered prediction market on Arbitrum!

🎯 Predict on ETH every 20 minutes, and more while earning Allo Points and $ARB.

📢 Stay tuned for more updates!

https://x.com/PancakeSwap/status/1798705035800715763

🔴🎙️ It's Live!

Watch it here: https://x.com/PancakeSwap/status/1798687454045802750

🎉 The last round of revenue distributions was injected, and 13,108 CAKE have been distributed to all locked staking users who participated in the revenue-sharing pool.

🚀 Head to the new veCAKE staking page - Check and claim your rewards! 👉 https://pancakeswap.finance/cake-staking?chain=bsc

🆕 The new veCAKE is now live. Now veCAKE pool rewards can be claimed weekly along with revenue shares! Be sure to lock your CAKE or migrate your existing CAKE staking position before the 12 June at 23:59 UTC to start accumulating revenue shares to claim on the 20 June! Check out this doc to learn how to migrate:📚 https://docs.pancakeswap.finance/products/vecake/migrate-from-cake-pool

ℹ️ Please note that the number of CAKE rewards is subject to various external factors and may not 100% match the volume.

🎩Build your future with Pancake Mayor

🤚Get handy, earn tokens, and climb the leaderboard to share rewards.

🎮✨Play now on PancakeSwap Gaming Marketplace: http://bit.ly/3wVqah5

🔧Learn more: https://bit.ly/45gu80u

🎉 EigenLayer's $EIGEN token is now available for pre-market trading on PancakeSwap Perpetual v1 on BNB Chain.

👉 Trade $EIGEN before the official listing on PancakeSwap Perpetual v1. Trade here: https://perp.pancakeswap.finance/en/futures/EIGENUSDT

🔥PancakeSwap CLAMM Options just got an upgrade

😍You can now trade & add on-chain liquidity on
WBTC/USDC market

☑️Close positions anytime with American-style options
☑️Strike Prices based on v3 pool ticks
☑️Expiry Durations 1H - 24H

👉https://pancakeswap.stryke.xyz/WBTC-USDC

Our Base PancakeSwap trading volume, including v2 & v3, has seen an incredible leap, jumping from $467M to $1.19B in just one month—a massive increase of $727M and a new monthly all-time high!

This achievement wouldn’t have been possible without our amazing community. Thank you for your unwavering support.

Source: https://defillama.com/protocol/pancakeswap#volume

😋Who doesn't love bonus APY?

🧑‍🌾Stake Aptos LP tokens on Pancakeswap via OKX Wallet to unlock exclusive APY

✨zUSDC-zUSDT https://www.okx.com/web3/defi/detail/25325
✨CAKE-APT https://www.okx.com/web3/defi/detail/25318
✨APT-zUSDC https://www.okx.com/web3/defi/detail/25321

🐰 Spread the word to win $500 USDT. Show us how much fees you can save by trading on PancakeSwap with your friends.

🔥 How to Participate:
1️⃣ Follow @PancakeSwap on X

2️⃣ Like and repost this tweet.

3️⃣ Like and quote the main announcement tweet by tagging 3 friends with #FeeRefund here

4️⃣ Go to PancakeSwap (https://pancakeswap.finance/swap?chain=eth), pick any trading pair, and enter the amount you want to swap. Then, Take a screenshot showing “how much fee you are saving by trading on PancakeSwap.” Post this below this tweet by tagging 3 friends with #FeeRefund and #SaveOnFees.

Note: Make sure to follow all steps to be eligible for the giveaway.

💰25 lucky winners will win $20 USDT each!

Don't miss out on this opportunity to trade with the lowest fees and get up to $8M of your past Uniswap interface fees refunded on PancakeSwap.

🇧🇪 We're excited to join ETHGlobal Brussels and bring you the PancakeSwap v4 Hackathon!

📅 Can't wait to see you build with us on July 12-14!

👀 Stay tuned for more details

https://ethglobal.com/events/brussels

🌟 Missed the last week of revenue sharing and veCAKE pool rewards?

⏰ Join the new veCAKE staking pool before 23:59 UTC, June 5 to participate in the next round of distribution happening on June 12, 2024. 🎉

💰 Earn 5% of the trading fee revenues from ALL v3 trading pairs with 0.01% and 0.05% fee tiers! Check out this doc to learn how to participate: https://docs.pancakeswap.finance/products/revenue-sharing

🥞 Alternatively, you may also migrate your existing CAKE pool staking position, learn more here: https://docs.pancakeswap.finance/products/vecake/migrate-from-cake-pool

🔊 Get ready for an exciting episode of PancakeTalks!

🎙️ We're thrilled to have the talented Wanli from @CelerNetwork joining us, sharing insights on their latest developments and the future of interoperability

📅Thu - 12:00 UTC
🔗Link: https://youtube.com/watch?v=3TuR1XCdrhM

Don't miss it!

⏭️What's next after BTC halving? More trading and rewards!

Take your shot at earning $100 if your trades meet the criteria:

https://blog.pancakeswap.finance/articles/btc-halving-celebration-pancakeswap-5000-surprise-for-btcb-and-wbtc-traders

😎 zkSync's $ZK token is now listed on PancakeSwap Perpetual v1 as a pre-market token on BNB Chain!

📈 Trade $ZK before its official launch and listing on PancakeSwap: https://perp.pancakeswap.finance/en/futures/ZKUSDT

😎Waking up to a monthly trading volume ATH on Linea PancakeSwap

👉Start redeeming your LXP-L points for the liquidity provided on Linea PancakeSwap: https://www.openblocklabs.com/app/linea/dashboard

😉Pro Tip: LP staked on Linea PancakeSwap Farms qualify for points redemption!

🥞 Current epoch voting ends in 17 hours, 00:00 UTC, 05 June 2024; start voting now! https://pancakeswap.finance/gauges-voting

🗳️Start voting to direct CAKE Emissions to your favored Farms on BNB Chain, Ethereum, Arbitrum, zkSync Era, Polygon zkEVM, Linea, Base and opBNB.

🐰Check out our step-by-step guide on how to vote https://docs.pancakeswap.finance/products/vecake/gauges-voting

Tired of paying high interface fees on other DEXs?

Start Trading on PancakeSwap with LOWER fees and BETTER Prices: https://pancakeswap.finance/swap?chain=eth&utm_source=telegram&utm_medium=Ethereum&utm_campaign=Swap&utm_id=InterfacefeeRefund&outputCurrency=0xdAC17F958D2ee523a2206206994597C13D831ec7

Plus, "Get Your Uniswap Interface Fees Refunded on PancakeSwap, up to $8M!" by matching your uni volume in 1:1 on Ethereum PancakeSwap: https://blog.pancakeswap.finance/articles/get-your-uniswap-interface-fees-refunded-on-pancake-swap-up-to-8-m

🔥 8,835,311 $CAKE just burned - that’s $24M!

💰 Trading fees (AMM V2): 94k CAKE ($253k) +53%
💰 Trading fees (AMM V3): 109k CAKE ($293k) +37%
🔮 Prediction: 52k CAKE ($139k) +14%
🎟️ Lottery: 27k CAKE ($72k) -9%
🔒 NFT: 1.0k CAKE ($3k) +313%
🎮 Games: 1k CAKE ($4k) +4%

% change from last week is in CAKE

🔥🔥🔥 Proof of burn: https://bscscan.com/tx/0x173e4c5b707f9373af0baca893212f73a472bfb91f327238dc1b017a2d83630f

🙌🏻PancakeSwap Multichain Celebration -Aptos!

The campaign is ending with Aptos PancakeSwap & extra rewards!

🔍How to participate?
🔹 Complete tasks on Galxe PancakeSwap page: https://app.galxe.com/quest/PancakeSwap/GChx7td2LY
🔹 Every correct answer = entry in lucky draw 🍀

🗓️ Ends on June 24th, 12:00 UTC

✨Options trading offers possibilities to capitalize on market opportunities and manage risk effectively

📚In our latest blog, we dive into these key strategies:

☑️Covered Call
☑️Protective Put
☑️Long Straddle
☑️Bull Call Spread
☑️Bear Put Spread

https://blog.pancakeswap.finance/articles/explore-options-trading-strategies

We've redirected CAKE emissions to Locker Protocols.

🔗 Explore Cakepie, StakeDAO, or Hidden Hand for strategic pools and improved incentives.

Make the most of your vote!

https://pancakeswap.finance/voting/proposal/0x41feef37054b6c090a2629d6eb2ed39f426f169b725cb565903e6b3ba1771bcc

✨Weekly Spotlight! Explore the top altcoin farms with standout APRs: Ethereum's ORDS-ETH at 155% APR, opBNB's XCAD-USDT at 159% APR, and Ethereum's NMT-USDC at 116% APR!

🟨 BNB Chain: https://bit.ly/3vHnYbM
🟦 Ethereum: https://bit.ly/3vLD28z
🟪 zkSync Era: https://bit.ly/3vU0vEi
💙 Arbitrum One: https://bit.ly/3u4V4SB
⚪ Linea: https://bit.ly/3S8a3TP
⚫ Aptos: https://bit.ly/3tX6tE7
🟣 Polygon zkEVM: https://bit.ly/4b2MtR7
🔶 opBNB: https://bit.ly/3HxRGCI
🔵 Base: https://bit.ly/496FNzC

*This is not investment advice. Always DYOR and understand your risk levels before making investment choices.

🐸 A new month is almost here, but the excitement starts now with our BOOSTED Pepe Coin Syrup Pool!

🥞 Stake $CAKE to Earn $PEPE: https://pancakeswap.finance/pools?chain=bsc

✨ If more $PEPE-BNB (1%) LP is deposited in our Farms, we'll have a bigger $PEPE Syrup Pool next month! Let's make it BIG!

👉 Stake $PEPE-BNB LP here: https://pancakeswap.finance/farms?chain=bsc