Main Takeaways:
● PancakeSwap v2 and v3 are live on Monad Testnet
● Key features include trading fees as low as 0.01%, enhanced liquidity, capital efficiency, and a universal router for better pricing.
● Users should note that as a Testnet environment, all trades and liquidity pools are conducted with testing tokens for testing purposes only.
February 24th, 14:00 UTC — PancakeSwap, a leading decentralized exchange (DEXs), is thrilled to announce its integration with Monad Testnet. This integration brings ultra-low fees, enhanced liquidity, and superior trade execution to the DeFi ecosystem. With fees as low as 0.01%, PancakeSwap on Monad sets a new standard for cost-effective and high-performance DeFi trading.
PancakeSwap on Monad: A Game-Changer for DeFi
PancakeSwap’s integration with Monad combines lightning-fast transactions, ultra-low fees, and high scalability, setting a new standard for DeFi. Monad processes thousands of transactions per second with near-instant finality, ensuring low latency and fast execution for a smoother trading experience. With its ability to handle millions of transactions per hour without congestion, even during periods of high demand, Monad ensures that trades on PancakeSwap will remain fast, reliable, and efficient under any market conditions.
Key Features of PancakeSwap on Monad:
● Industry-Low Fees – Users can trade with fees as low as 0.01%, ensuring maximum cost efficiency.
● Enhanced Liquidity & Capital Efficiency – Liquidity providers can choose between: ○ v2: A dependable, fixed-fee model for predictable earnings.
○ v3: Concentrated liquidity to maximize capital efficiency and fee generation.
● Universal Router for Best Pricing—Universal routing intelligently routes orders across v2 and v3 pools to ensure users get the best possible execution and rates.
● Optimized Trade Execution – Due to concentrated liquidity, users will experience tighter spreads and lower slippage for better pricing and execution, even on large trades and during periods of market volatility.
Testnet Environment
While this launch provides an exciting opportunity to explore PancakeSwap on Monad, it’s important to note that this is a Testnet environment. All transactions use testing tokens, meaning there are no real asset transfers, rewards, or actual CAKE burns at this stage.
Dive Into PancakeSwap on Monad Testnet Today
Experience the next evolution of DeFi trading—faster, cheaper, and more efficient. Join PancakeSwap on Monad Testnet and be among the first to explore this high-performance blockchain before its Mainnet debut.
Link: https://pancakeswap.finance/?chain=monadTestnet
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