PancakeSwap

Shiba Inu

<ul>
 <li>An additional development fund will be established by the team.</li>
 <li>The statement also states that v4 supports liquidity book pools.</li>
</ul>
The developers behind the decentralized exchange <a href="https://thenewscrypto.com/pancakeswap-cake-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">PancakeSwap</a> announced on March 15 that the coding and white paper for version four were published. Users may expect gas fee reductions and protection from temporary loss for liquidity providers (LPs) with the new version’s support for flash accounting and bespoke liquidity pools.
An additional development fund will be established by the team to assist in funding future advancements of the PancakeSwap protocol, as mentioned in the release.
<h3 class="wp-block-heading" id="h-more-functionality">More Functionality</h3>
In terms of the overall amount of crypto held under its contracts, PancakeSwap ranks as the third-largest decentralized crypto exchange. Its current holdings span nine networks and exceed $2.3 billion, as reported by <a href="https://defillama.com/" target="_blank" rel="noopener noreferrer nofollow">DefiLlama</a>. The statement states that the updated version will be released on the BNB and <a href="https://thenewscrypto.com/why-ethereum-price-drops-post-dencun-upgrade/" target="_blank" rel="noopener noreferrer nofollow">Ethereum</a> networks in the third quarter of 2024.
Moreover, according to the team, v4 incorporates “hooks,” which are “customizable add-ons” that third-party developers may make to enhance certain liquidity pools with more functionality. It enables pools to provide features like “dynamic fees […] custom oracles […] and active liquidity management modules,” to name just one example.
The statement also states that it supports liquidity book pools. Liquidity book pools employ the X + Y = K formula instead of the more common X*Y = K formula. There would be no temporary loss for liquidity providers and no pricing effect for traders while trading inside a bin, according to PancakeSwap’s claims about this new sort of pool.
A “singleton” approach, in which all pools are combined into one contract, was one of the adjustments made by the developers to reduce gas fees.&nbsp;
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PancakeSwap Unveils v4 Featuring Custom Pools and Reduced Gas Fee

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