PancakeSwap

Aptos

Base

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 <p class="is-style-lead">PancakeSwap, a decentralized exchange (DEX), is launching on Base, an Ethereum(ETH) layer 2 scaling network incubated by Coinbase, according to an update on Aug. 30. </p> 
 <p>Initially, this integration will offer PancakeSwap’s swapping and liquidity provision functions. Following that, an upcoming release will introduce the farming feature, permitting users to stake liquidity provider (LP) tokens in exchange for PancakeSwap’s native CAKE tokens. Importantly, users will retain their positions in the original LP tokens.</p> 
 <p>Base is now PancakeSwap’s eighth platform, highlighting the DEX’s multi-chain strategy. </p> 
 <p>While initially established on BNB Chain, the DEX has deployed on several blockchains, including Ethereum, Aptos (APT), Polygon (MATIC) zkEVM, and others.</p> 
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    <p lang="en" dir="ltr">Ready for a game-changer DEX on Base?<br><br>Everyone’s favorite DEX is now on @BuildOnBase, bringing ultra-low fees, user-friendly <a rel="noopener noreferrer nofollow" title="Category Features" href="https://thebittimes.com/features.html">Features</a> and setting the stage for DeFi mass adoption<br><br>Start your Base journey with us now: https://t.co/n8QXCBEqac<br><br>Watch Video:… pic.twitter.com/EUvh8E2GTW</p>— PancakeSwapEveryone's Favorite D3X (@PancakeSwap) August 31, 2023 
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 <p>Developed through a collaboration between OP Stack and Optimism(OP), Base seeks to address critical issues confronted by crypto users, such as steep gas fees and sluggish transaction speeds. </p> 
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 <p>The <a rel="noopener noreferrer nofollow" title="layer" href="https://thebittimes.com/tag/layer.html">layer</a>-2 also aims to reduce fees and enable swift transactions. </p> 
 <p>After <a rel="noopener noreferrer nofollow" title="launch" href="https://thebittimes.com/tag/launch.html">launch</a>ing to the public on Aug. 9, Base has rapidly grown, trailing Arbitrum but surpassing Optimism in daily transactions. At this pace, PancakeSwap is the second-largest DEX after Uniswap. </p> 
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  <img decoding="async" width="777" height="564" src="https://cdn.thebittimes.com/images/2023/09/01/b6181de92e4694ad0bbab71b2796f3d5.webp" alt="PancakeSwap launches on Ethereum layer-2 solution, Base - 1" class="wp-image-14190170"> 
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    Data from The Block 
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 <p>Fresh data shows that Base has over $300 million in total value locked (TVL) since <a rel="noopener noreferrer nofollow" title="launch" href="https://thebittimes.com/tag/launch.html">launch</a>ing in early August 2023.</p> 
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   <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
    <p lang="en" dir="ltr">.@BuildOnBase has added $300+ million in TVL since public <a rel="noopener noreferrer nofollow" title="launch" href="https://thebittimes.com/tag/launch.html">launch</a> pic.twitter.com/PtBQiq4BsD</p>— Permissionless II (@Permissionless) August 31, 2023 
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  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> USDC to launch on Base, Polkadot and four more platforms 
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/pancakeswap-launches-on-ethereum-layer-2-solution-base-tbt61133.html">https://thebittimes.com/pancakeswap-launches-on-ethereum-layer-2-solution-base-tbt61133.html</a></p>

PancakeSwap launches on Ethereum layer-2 solution, Base

TheBitTimes

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