PancakeSwap

Dear PancakeSwap community and CAKE holders,We are excited to announce that the trading fees for our Stableswap product have been reduced to as low as 0.01% for our USDT-BUSD, USDC-BUSD and USDC-USDT pools. This is great news for everyone who trades on PancakeSwap and is looking for a more efficient trading experience.What is StableSwap? StableSwap on PancakeSwap is a feature to trade stable pairs with a lower slippage based on an invariant curve slippage function. It is designed to swap specific assets that are priced closely – such as USD stablecoins (e.g. HAY, BUSD and USDT) or liquid staking tokens (e.g. stkBNB and aBNBc).Please check out our <a href="https://docs.pancakeswap.finance/products/stableswap/how-to-stableswap" rel="noopener noreferrer nofollow">documentation</a> on how trade on StableSwap.New StableSwap Fees Fees for pairs are broken down in the table below:<img src="https://academy-public.coinmarketcap.com/optimized-uploads/ecefe401b779436fbed508b8ed13d158.png">The Kitchen will gradually roll out more StableSwap pairsWhy did we Reduce the Fee? This reduction in fees is due to the support of the PancakeSwap community and the results of a <a href="https://pancakeswap.finance/voting/proposal/0x8f9c5f23a9420326574733418570d6364389d97253bd2b13397d458ce79e3201" rel="noopener noreferrer nofollow">recent vote</a>. The community voted in favor of the proposal to reduce fees, and we're now able to offer a more efficient trading experience to our users.The lower fees will help to increase the volume of trades and overall liquidity on PancakeSwap, as well as improving volumes on other Swap pairs by reducing the total fees incurred on trade routing. This will make PancakeSwap more competitive with similar product offerings on BNB Chain, and will encourage more people to start trading stablecoins, providing a wider range of options for traders.In addition to reducing trading fees, we have also made other changes to improve the overall experience for its users. For example, we have improved the user interface, making it easier for traders to navigate and find the information they need. We have also introduced new features, like Smart Router to bring a better trading experience for users.The reduced trading fees for PancakeSwap's Stableswap product is a major step forward for the stablecoin market. By providing a more efficient trading experience, increasing user adoption, and attracting more volume, PancakeSwap is making it easier for traders to take advantage of the benefits of stablecoins.So, what are you waiting for? Take advantage of the reduced trading fees on our Stableswap product and experience the best trading experience yet! Head over to <a href="https://pancakeswap.finance/swap" rel="noopener noreferrer nofollow">PancakeSwap </a>and start trading with confidence.Are you an aggregator or yield optimizer in the crypto space? Upgrade Your Trading Game by offering the best rates to your users with<a href="https://docs.pancakeswap.finance/code/smart-contracts/pancakeswap-exchange/stable-swap" rel="noopener noreferrer nofollow"> our Factory</a> and<a href="https://docs.pancakeswap.finance/code/smart-contracts/pancakeswap-exchange/stable-swap/stableswap-pools" rel="noopener noreferrer nofollow"> StableSwap Pools</a>. Partner protocols who are interested in setting up a pool on Stableswap, please reach out to our partnerships team at <a href="https://t.me/PancakeSwapBD" rel="noopener noreferrer nofollow">https://t.me/PancakeSwapBD</a> on telegram.Stack ’em The Chefs 🐰🥞

Experience More Efficient Trading with PancakeSwap's Stableswap: Lower Fees Announced

PancakeSwap

Other articles published on Feb 6, 2023

ℓDEFI February Rebalancing

Quidd Collector’s Council Meeting Notes — January 24th, 2023

Factor DAO Announces a Collaboration and Integration with Plutus DAO

BUIDL-Weekly: 30JAN23 - 05FEB23

Everything takes time🥳✨

40X Potential HIDDEN Crypto Gems

Join our free newsletter for daily crypto updates!