# Q4 Roadmap AMA Recap

On October 10th, we held our Q4 Roadmap AMA in the PancakeSwap kitchen! If you missed it or want to review our discussion, keep reading!

This AMA featured a different format than usual. It began with an in-depth overview of Q3 before transitioning into our exciting plans for Q4. To wrap things up, Chef Kids summarized our recent emissions proposal.

If you want to relive the AMA, we recommend [watching the video](https://www.youtube.com/watch?v=ROkjw47-Aa8&ab_channel=PancakeSwap) for a closer experience.

### **Let’s dive into what was discussed in the AMA!**

#### **Section 1: Q3 Overview**

**Hackathons**

One of the Q3 highlights was our participation in **two hackathons**—one at ETHGlobal Brussels and another online with Brevis. These hackathons drew much attention, with **64 innovative builds submitted and over $60,000 in prize money awarded**.

**PancakeSwap 4th anniversary**
In addition to the hackathons, we celebrated **PancakeSwap's 4th anniversary** at Token2049 with a community meetup, marking this milestone with some incredible achievements. PancakeSwap has now processed an astounding $836 billion in trading volume and has over 43 million unique wallet addresses.

**Product Launches**
The quarter also saw some important product launches, such as integrating our **Prediction product with Telegram Bot** , making it even easier for users to access DeFi on the go. We also introduced **PancakeSwap Quest** in beta, designed to boost user engagement through fun and interactive challenges. And let’s not forget the **EigenPie IFO**, our first IFO on Arbitrum, which saw over $15 million committed—a huge success as we expand across chains.

We continued expanding with **Zap**, which allows users to add liquidity with just one token. It is now available on BNB Chain, Arbitrum, and Ethereum.

**Emissions**
Over the past 12 months, **we’ve consistently maintained negative net emissions**, achieving a steady annual deflation rate of 1-2%, a key metric in maintaining the project's long-term sustainability.

#### **Section 2: Q4 Roadmap**

**PancakeSwap v4: Launching Soon**

While the launch was initially expected in Q3, additional improvements and comprehensive audits have delayed it slightly. The v4 launch will bring advanced trading tools like limit orders and TWAMM (Time-Weighted Average Market Making) and cost-saving features like Singleton and Flash Accounting. The launch is near, and more features will be added incrementally to ensure a smooth experience.

**New Trading Venue: A Game-Changer for Traders**

Details were revealed about the new trading venue that some users are already testing. The full rollout is expected in the coming weeks, and this new venue is set to enhance the trading experience and drive more volume to PancakeSwap.

**Multichain Expansion: More Chains, More Opportunities**

We remain committed to expanding to new chains, offering even more opportunities for our users, and increasing PancakeSwap’s presence across DeFi. Details will be revealed soon.

**Telegram Bot Updates: Enhancing the User Experience**

The Swap feature is being expanded to attract more retail users and improve accessibility to DeFi tools. This update will bring a more seamless and user-friendly experience, further widening PancakeSwap’s reach.

#### **Section 3: Emissions Proposal**

Chef Kids provided a concise overview of the emissions proposal, emphasizing our focus on balancing liquidity incentives with PancakeSwap's long-term sustainability. With PancakeSwap v4, developers will have new tools to enhance the platform, and traders will benefit from advanced features like limit orders and zero-slippage trades. V4 introduces dynamic fees and significant gas savings for liquidity providers, making liquidity provision more efficient and profitable.

These changes are designed to strengthen the entire PancakeSwap ecosystem, boosting trading volumes and increasing CAKE burns for greater sustainability.

Please check out the dedicated article on [our forum](https://forum.pancakeswap.finance/t/information-on-ecosystem-growth-and-emissions-adjustment/808) for a more detailed explanation of the emissions proposal.

Stack’em! The Chefs 🥞

Missed the AMA? Check out the recap here!

Q4 Roadmap AMA

**Disclaimer and Risk Warning:** _This content is for informational and educational purposes only and does not constitute financial, legal, or professional advice. It is not a recommendation to purchase any specific product or service. Please consult with qualified advisors for personalized guidance. Participation in the IFO involves risks and may be restricted in some areas. Ensure you comply with local laws and regulations before participating._

PancakeSwap is excited to announce the **[first-ever Initial Farm Offering (IFO)](https://pancakeswap.finance/ifo?chain=arb)** on Arbitrum, featuring Eigenpie, a Liquid Restaking Protocol on EigenLayer. This IFO follows our successful launches of Swap, Yield Farming, Prediction Markets, and Perpetual Trading on Arbitrum, marking a key milestone in our multichain expansion.

#### Eigenpie IFO Details:

* **Chain:** Arbitrum One
* **Start Date:** 24th September 2024, 10:15 AM UTC
* **End Date:** 25th September 2024, 10:15 AM UTC
* **Total Raise Amount:** $60,000
* **Tokens Available:** 100,000 EGP (1% of the total EGP supply)
* **Price per Token:** $0.60 USD
* **Vesting:** Linear vesting over 18 months
* **Accepted Token:** CAKE

#### What is Eigenpie?

Built on EigenLayer, Eigenpie is a Liquid Restaking Protocol that enables users to restake their ETH or Liquid Staking Tokens (LSTs). The restaked asset is used to validate other services while allowing users to maintain liquidity via a Liquid Restaking Token (LRT). Learn more on Eigenpie's official **[website](https://www.eigenlayer.magpiexyz.io/restake)**.

#### What is EGP?

EGP is the native governance token of Eigenpie. When locked as vlEGP, it offers the following utility:


1\. Governance: Participate in the governance of Eigenpie

2\. Rewards: Receive rewards for active engagement on the platform

Detailed EGP tokenomics are available on our **[community forum](https://forum.pancakeswap.finance/t/eigenpie-ifo-discussion-thread/778)**.

#### How to Participate in the Eigenpie IFO?

You can participate in the Eigenpie IFO using one of the following methods

1\. **Basic IFO (50% of Allocation - $30,000)**

Anyone holding CAKE can join the Basic IFO. Here’s how: 
- If you don't have CAKE, you can swap for it on **[Arbitrum PancakeSwap](https://pancakeswap.finance/swap?chain=arb)** or **[bridge](https://bridge.pancakeswap.finance/)** it from other chains to Arbitrum.
- Commit your CAKE once the IFO begins to receive a proportional share of EGP tokens.
- If the IFO is oversubscribed, you'll get a proportional amount of EGP tokens after a 1.5% participation fee, with unspent CAKE refunded. This fee contributes to weekly CAKE burns.

**Example:** If you committed 1,000 CAKE in a Basic IFO and the total amount committed by all participants is 10,000 CAKE, you will receive 5,000 EGP tokens (10% of the Basic IFO), minus a 1.5% fee on the excess committed funds. Any unspent CAKE can be claimed after the IFO.

2\. **Public IFO for veCAKE Holders (50% of Allocation - $30,000)**

As a veCAKE holder, you benefit from a lower participation fee of 1% for the IFO, and this participation also helps burn CAKE.
- If you don't have veCAKE, you can **[Lock CAKE](https://pancakeswap.finance/cake-staking)** to receive veCAKE on PancakeSwap.
- Use your veCAKE to access the IFO with the reduced fee.

**Note:** _When you lock CAKE to receive veCAKE, that locked CAKE cannot be used to participate in the Initial Farm Offering (IFO). This means you need to hold extra CAKE in addition to what you’ve locked for veCAKE to commit to the IFO. Hence, make sure you keep enough CAKE available after locking some for veCAKE so you can participate in the IFO._

For this IFO, users who natively lock CAKE as veCAKE on PancakeSwap will have a 2x iCAKE:veCAKE Ratio. In other words, for every veCAKE you have, you’re able to commit up to two times that amount; if you have 1,000 veCAKE, you’ll be able to commit up to 2,000 CAKE in the IFO. veCAKE Managers that lock CAKE as veCAKE will have a 1x iCAKE:veCAKE Ratio.

The iCAKE Ratio is a multiplier applied on a user’s veCAKE value, to arrive at the iCAKE value. Please refer to our **[Documentation](https://docs.pancakeswap.finance/products/ifo-initial-farm-offering/icake#what-is-the-ratio-in-icake-calculation)** for more details.

 **Note:** As veCAKE only exists on BNB Chain, users will need to sync their credentials (e.g. veCAKE balance, PancakeSwap Profile) between BNB Chain and Arbitrum on the **[IFO page](https://pancakeswap.finance/ifo?chain=arb)**. Check out the detailed step-by-step guide on how to sync and participate in cross-chain IFOs **[here](https://docs.pancakeswap.finance/products/ifo-initial-farm-offering/how-to-participate-in-crosschain-ifos)**

The veCAKE balance snapshot used to decide users’ allocation will be taken at the end of the IFO, that is, **25 Sep 2024 1015am UTC**. It will still be possible to increase your allocation while the IFO is ongoing by locking more or extending your CAKE lock duration, though you will need to re-sync your new iCAKE balance.

**Example:** If you locked 100 CAKE for 4 years and have 100 veCAKE, for this IFO, you will have a 2x iCAKE ratio (2x iCAKE:veCAKE). This means with your 100 veCAKE; you'll be able to commit 200 CAKE to the IFO sale. If you commit 200 CAKE in a Public IFO and the total committed by all participants is 1,000 CAKE, you will receive 10,000 EGP tokens (20% of the Public IFO), minus a 1% fee on the excess committed funds. Any unspent CAKE can be claimed after the IFO.


#### Important Reminder

EGP tokens **will NOT be** available for trading before or during the IFO! Any EGP tokens circulating before the official IFO are fraudulent. Please verify the EGP contract address before making any trades. **Contract Address:** 0x7e7a7c916c19a45769f6bdaf91087f93c6c12f78

#### Restrictions

Participation may be limited in certain jurisdictions. Before participating, individuals are advised to ensure compliance with local laws and regulations.

#### Have more Questions?

For more details, visit our **[community forum](https://forum.pancakeswap.finance/t/eigenpie-ifo-discussion-thread/778)** or join the discussion on **[Telegram](https://t.me/PancakeSwap)**.





PancakeSwap is excited to announce our first-ever Initial Farm Offering (IFO) on Arbitrum, featuring Eigenpie, a Liquid Restaking Protocol on EigenLayer.

PancakeSwap Launches First IFO on Arbitrum Featuring Eigenpie

In celebration of PancakeSwap's fourth anniversary, we're excited to introduce our first-ever **[Prediction Telegram Bot - Beta](https://t.me/pancakefi_bot)** for BNB predictions on the BNB Chain. This new bot brings the excitement of our prediction market directly to your favorite messaging app, making it easier and more convenient to participate. To mark this special occasion, we're giving away $4,444 in rewards on September 22nd, our fourth birthday!

#### A New Way to Predict: Bringing Predictions to Your Fingertips

**[PancakeSwap prediction](https://pancakeswap.finance/prediction?token=BNB)** has always been a community favorite, allowing users to forecast BNB prices every 5 minutes. Now, with our **[Prediction Telegram Bot](https://t.me/pancakefi_bot)**, you can enjoy the same features as our web version, but with added convenience and accessibility. Whether you’re on the go or prefer Telegram, you have more ways than ever to engage with the market.

**Key Features:**
- **Supported Token:** BNB on BNB Chain
- **Round Duration:** 5 minutes
- **Fees:** 3% of each round’s total pot goes to the treasury, supporting buybacks, burns, and future development

#### How to Connect Your Wallet?

**1\. On Desktop**
You may only use a mobile wallet on your phone with Desktop Telegram mini app by scanning the QR code either via MetaMask or WalletConnect. You will need to confirm transactions and signings on your mobile.

**2\. On Mobile**
Use MetaMask or WalletConnect: You will be directed to MetaMask for transactions and signing. After signing, you will need to switch back to Telegram to continue.

_For a detailed guide on how to connect your wallet, please refer to this doc:_ **[https://docs.pancakeswap.finance/products/prediction/prediction-mini-app](https://docs.pancakeswap.finance/products/prediction/prediction-mini-app)**

#### How the Prediction Telegram Bot Works:
At the initial launch, the Prediction Telegram app won't be available in the Telegram app store. Instead, users can access the product through a direct web link and by interacting with the Telegram bot. This means you'll need to use the provided link or bot to get started with the prediction features. _(Please note that the bot is currently in its beta phase.)_

**1\. Stay Mobile:** Open the **[PancakeSwap Prediction Telegram Bot](https://t.me/pancakefi_bot)** on Telegram.

**2\. Predict:** Choose " Up" if you expect the price to rise or " Down" if you think it will fall. Enter your prediction amount and wait for the round to close. If your prediction is correct, you’ll earn a share of the prize pool, multiplied by the round’s multiplier. (The minimum amount you can predict is 0.001 BNB.)

![Screenshot 2024-09-11 at 13.09.12.png](https://sgp1.digitaloceanspaces.com/strapi.space/909ae136aea485b6b02ed2542138c119.png)

**Example:** If BNB is currently priced at $520 and you predict it will rise in the next 5 minutes, open the Telegram bot, click " Up," and enter your amount. If the price increases to $525, you'll win a share of the prize pool based on your prediction.

Just like our web version, the Telegram bot offers an intuitive and straightforward way to place predictions —no need to navigate multiple tabs or log in separately.

#### [ENDED] Celebrate with Us: Win Your Share of $4,444 on September 22nd
![2024-09-11 13.16.18.jpg](https://sgp1.digitaloceanspaces.com/strapi.space/74bdecc1689aaff9ed4f2cb2698f5fb5.jpg)

Join our 4th Birthday campaign for a chance to win from our $4,444 reward pool! Here’s how you can participate:
- **Campaign Duration:** 22 September (00:00 UTC to 23:59 UTC)
- **Total Reward Pool:** $4,444 USDT on the BNB Chain
- **Eligibility:** Only predictions placed via the Prediction Telegram bot are eligible; web version predictions **do not count.**

# **Part 1: Lucky Reward ($3,333)**
- **Qualification:** Place predictions totaling at least $5 via the Prediction Telegram bot. Multiple predictions can be used to meet this requirement. (The minimum amount you can predict in each round is 0.001 BNB)
- **Prize:** 100 random users will each receive $33.33.

# **Part 2: Top Predictors Pool ($1,111)**
- **Qualification:** Place predictions totaling at least $500 via the Prediction Telegram bot. Multiple predictions can be used to meet this requirement.
- **Prize:** The top 3 users with the highest net winnings during the campaign will share $1,111.
- Rank 1: $555
- Rank 2: $333
- Rank 3: $223

**Track Your Progress for Part 2:** Monitor your "Net Winning" ranking on the leaderboard here: **[https://dune.com/pancakeswap/pancakeswap-prediction-tg-bot-campaign](https://dune.com/pancakeswap/pancakeswap-prediction-tg-bot-campaign)** 

**Terms & Conditions:**
- Only predictions made through the Telegram bot on September 22nd are eligible for rewards. Predictions via the PancakeSwap website **will not count** for this campaign.
- To qualify for rewards, users must meet the minimum volume requirements ($5 for Part 1 Lucky Rewards, $500 for Part 2 Top Predictors Pool).
- Rewards will be distributed in USDT on the BNB Chain within two weeks after the campaign concludes.
- We reserve the right to modify or cancel the campaign mechanics or rules at any time without prior notice.
- In any dispute, PancakeSwap will make the final decision regarding the campaign.

#### Start Predicting Today!
The **[PancakeSwap Prediction Telegram bot](https://t.me/pancakefi_bot)** is now live and ready for you to start predicting. Get in on the fun! Our Pancake4ever birthday celebration is in full swing. Dive into the festivities and discover all the thrilling details **[here](https://blog.pancakeswap.finance/articles/pancake4ever-celebrating-4-years-of-pancakeswap)**. Come celebrate with us! 

In celebration of PancakeSwap's fourth anniversary, we're excited to introduce our first-ever Prediction Telegram bot 

PancakeSwap Celebrates 4th Birthday with First-Ever Prediction Telegram Bot

Gm PancakeSwap Community!

We’re excited to launch **[PancakeSwap Quest](https://quest.pancakeswap.finance/quests)** - Beta, the ultimate platform for DeFi quests. Explore, engage, earn, and build your DeFi profile like never before. Whether you’re a seasoned pro or just starting out, PancakeSwap Quest offers an immersive, multi-chain experience that will elevate your DeFi journey.

## **Why PancakeSwap Quest?**

In today’s DeFi ecosystem, users often find themselves overwhelmed by the need to interact with multiple quest platforms and projects. Each one requires separate logins, interfaces, and tasks, making it unmanageable to stay engaged. PancakeSwap Quest is here to solve this problem by providing a unified platform where you can:

- **Streamline Your Experience:** PancakeSwap Quest will host PancakeSwap campaigns and partner quests directly on our platform. This means you can manage and complete your PancakeSwap campaigns from a single location, simplifying your DeFi journey and enhancing efficiency.
- **Enhance Engagement:** PancakeSwap Quest allows you to participate in various social media and on-chain tasks directly through our platform. Easily connect with PancakeSwap and other projects, complete tasks, and verify your participation—all in one place. Whether you're a seasoned DeFi user or new to the space, our interactive features make engaging with campaigns straightforward and efficient.
- **Simplify Development:** Our platform makes it easier to manage campaigns internally by eliminating the need to build and maintain separate APIs for each task. For projects looking to host campaigns with PancakeSwap, there’s no need to create additional APIs—everything is already built-in. This approach conserves resources, simplifies management, and enhances overall efficiency.

## **Key Features:**

1\. Personalized DeFi Profile: Customize your quest profile with a username and NFT avatar to represent your DeFi identity. **[Read the guide here about creating your quest profile.](https://docs.pancakeswap.finance/products/nft-market/nft-profile-system/profile-guide)**

As a new user, you'll need to create and use "The Bunny" NFT collection, which is free and essential for your DeFi profile on the Quest platform. "The Bunny" NFT collection is exclusively for the Quest platform. If you already have a **[PancakeSwap NFT profile](https://docs.pancakeswap.finance/products/nft-market/nft-profile-system/profile-guide)** from other NFT collections, you can simply connect your wallet to activate your Quest account.

![Screenshot 2024-08-05 at 14.23.22.png](https://sgp1.digitaloceanspaces.com/strapi.space/907f2e5ccca743fee51728e59b332092.png)

2\. Interactive Engagement: Participate in a wide range of tasks and challenges, from social media campaigns to on-chain activities.
![Screenshot 2024-08-06 at 16.46.53.png](https://sgp1.digitaloceanspaces.com/strapi.space/fd2874e5905b8b20b9df29795be63fe6.png)
3\. Multi-Chain Support: Explore quests across six chains—BNB Chain, Ethereum, Arbitrum, Base, zkSync, and Polygon zkEVM—with plans for further expansion.

## **Join the Beta: What to Do**

During our beta phase, participate in a variety of tasks and campaigns designed to test and refine our platform:

- Explore and Engage: Dive into tasks and campaigns designed to test and enhance PancakeSwap Quest.
- Share Your Feedback: Help us improve the platform by providing your insights through our **[feedback form](https://forms.fillout.com/t/qGGZR9mNKrus)** or joining our community on **[Telegram](http://t.me/PancakeSwap)** and **[Discord](https://discord.com/invite/pancakeswap)**.
- Beta Launch Campaign: **[Create Your DeFi Profile](https://quest.pancakeswap.finance/quests/a2eeefe4f49b4947a1a14bbff344bbb3).** Celebrate the launch of PancakeSwap Quest by creating your DeFi profile and joining our campaign **[here](https://quest.pancakeswap.finance/quests/a2eeefe4f49b4947a1a14bbff344bbb3)**

## **Explore, Engage, Earn: Build Your DeFi Profile on PancakeSwap Quest!**

As we venture into this beta phase together, look forward to exciting quests and tasks  designed to enhance your DeFi journey. Join us on this adventure – explore and engage with PancakeSwap Quest - Beta!

Happy Questing!


Gm PancakeSwap Community. We’re excited to launch PancakeSwap Quest - Beta, the ultimate platform for DeFi quests. Explore, engage, earn, and build your DeFi profile like never before.

Introducing PancakeSwap Quest - Beta: Your Ultimate DeFi Quest Platform

On July 18th, we held a new AMA in the PancakeSwap kitchen! If you missed it or want to review what we discussed, we recommend you keep reading this blog.

This AMA was different from what we are used to; we introduced a new Head Chef! Chef Kids presented herself to the entire PancakeSwap community and shared a bit about who she is and what she hopes to build from this new position at PancakeSwap. 

If you want to know more, we recommend you [watch the video](https://www.youtube.com/watch?v=BOZC89vd_ZM) for a closer experience.

Let's dive into what was discussed in the AMA!


## Main Topics

### Strategies to Increase Trading Volume - New Trading Venue

Bun highlighted that PancakeSwap is working on a new trading venue close to completion, which aims to convert more traffic into volume, growth, and holder benefits. Details remain confidential, but this innovation promises to enhance the swap experience significantly.

### Web3 Quest Platform - Reasons behind the creation

Gyoza explained that the Web3 Quest Platform aims to offer a native, fast, and interactive experience, integrate more products, and provide streamlined user feedback. It will support product marketing and user growth and create synergy with new and unique partnerships.

### PancakeSwap v4: When?! And other important topics

Chef Momo confirmed the v4 launch will be comprehensive and fully packaged, with additional features rolled out incrementally to ensure a seamless user experience.

Security is a top priority. v4 will undergo comprehensive audits by leading firms like Zellic, Ottersec, and Hexens, ensuring robust security measures.

### PancakeSwap Attractiveness - UX/UI, veCAKE and more!

Kids noted the importance of continuous product and user experience improvement, which is why the PancakeSwap main site underwent a huge UX/UI revamp.   

Bun added that veCAKE is expanding across EVM blockchains, encouraging users to take advantage of opportunities in various ecosystems.

Talking about veCAKE and user benefits, Bun mentioned ongoing plans for new pools linked to veCAKE staking. In response to questions about Syrup Pools with caps, he highlighted that botting issues hindered previous caps. Future pools may have higher caps or be exclusive to veCAKE holders.

### Expectations from IFOs

Bun and Kids emphasized the focus on high-quality teams and long-term value. New ideas are being drafted to make PancakeSwap the go-to launchpad, with further updates expected soon.

### Dual Trading Rewards Program - Why is it on the roadmap? 

Bun explained that the dual trading rewards program rewards loyal users with token incentives. The recent campaign allows users eligible for both CAKE lockers and frequent/large traders to claim rewards from both campaigns.

### CAKE Burns and Supply - Present and future

PancakeSwap effectively manages CAKE supply with a net negative monthly emission of approximately 1.9 million CAKE. 

Future plans include introducing more high-quality products and using revenue to buy back and burn CAKE tokens.

## Other Topics

### Roadmap Consolidation - Is it necessary to have roadmaps so often?

Bun emphasized the tradition of quarterly roadmaps for community engagement. Many items take longer than a quarter to complete, causing them to appear in multiple roadmaps. 

PancakeSwap constantly pivots and adjusts its projects due to the rapid pace of DeFi.

### MancakeSwap Launch - When?

The launch is imminent. The partner team is currently completing audits and planning to update the community in the coming weeks.

### Games Development and PancakeSwap Team resources

Gyoza stated that the games marketplace features prominent games to improve CAKE utility, with the tech effort done by gaming partners. 

Like Steam, PancakeSwap acts as a marketplace, focusing on curation for better performance.

**Stack’em!**
_The Chefs 🥞_


PancakeSwap Q3 Roadmap AMA Recap

_Good Afternoon, PancakeSwap Community and CAKE Holders!_

It's been an incredible journey since the inception of our PancakeSwap Ambassador Program,  where we [introduced the Pancake Masters](https://blog.pancakeswap.finance/articles/pancake-swap-launches-ambassadors-program)—devoted PancakeSwap enthusiasts who diligently moderate our communities and translate content into various languages. 

Since then, the program has seen substantial growth:

- Over 30 active ambassadors
- Presence on  key platforms: Telegram, Discord, and Reddit
- 15 Telegram communities catering to diverse languages 
- Translation of over 1900 articles on [our blog ](https://blog.pancakeswap.finance/)

As time progresses, we recognize the importance of empowering our community further! 

### **Introducing the PancakeSwap Content Creators—Pancake Lords: Your Guide to All Thing PancakeSwap**

![Untitled (3).png](https://sgp1.digitaloceanspaces.com/strapi.space/faa9d1d7409b952124be1e158841d1a7.png)

We're excited to introduce Pancake Lords, a dedicated team of enthusiasts passionate about educating, engaging, and empowering our community. 

Here's a glimpse of what they do:

- Content Creation and Education: Craft clear, concise guides on navigating PancakeSwap and produce educational content on DeFi and cryptocurrencies.
- Visual Communication: Create engaging infographics to simplify complex information related to PancakeSwap.
- Community Engagement: Maintain a consistent posting schedule to keep the community informed and engaged with regular updates.
- Promotion and Events: Host events like Ask Me Anything (AMAs) to foster community interaction and engagement.
- User Interaction and Storytelling: Actively engage with the community by sharing success stories and fostering user interaction.

### **Benefits of Being a Pancake Lord:**

- Official Recognition: Receive acknowledgment through our official social channels.
- Golden Kitchen Pass: Enjoy exclusive monthly calls with PancakeSwap's core team, providing early updates and opportunities to share insights. 
- Exclusive Access: Participate in special events and access new products and services early.
- Enhanced Networking: Connect with key players in the DeFi space and stay updated on industry trends. 

And More!

### **Want to Become a Pancake Lord? Here’s How!**

If you're passionate about becoming one of PancakeSwap’s elite content creators, we invite you to apply through our community application form: 

👉 Apply Here: https://pancakeswapforms.fillout.com/t/4v7usjPLP2us 

**Application Process**
- Phase One (July 1st - July 14th): Submit your application during this period.
- Phase Two (July 15th - July 21st): Onboard new ambassadors and provide guidelines.
- Phase Three (July 22nd onwards): Launch the new Pancake Lords into action.


Join Us in Building the Future of PancakeSwap!

Whether you’re creating content, engaging in community discussions, or exploring PancakeSwap’s features, there are many ways to contribute. 

Explore all the opportunities on our new [Community Notion Page ](https://pancakeswap.notion.site/PancakeSwap-Community-Page-3d149c6f6a1e483fa15cf56f0b991020?pvs=74)

We eagerly await welcoming new Pancake Lords to our community!

Stack ‘em! 

The Chefs🥞




Are you the contributor we're looking for? 

PancakeSwap Ambassador Program Expansion: Introducing Pancake Lords

We are excited to announce PancakeSwap’s **[Prediction Market](https://pancakeswap.finance/prediction?token=ETH&chain=arb&utm_source=blog&utm_medium=announcement&utm_campaign=Arbitrum&utm_id=PredictionLaunch)** on Arbitrum, featuring an AI-driven price feed powered by [Allora](https://www.alloralabs.xyz/)! Following the success of our Swap, Yield Farming, Syrup Pools, Perpetuals, and Options Trading features, this expansion signifies our commitment to delivering a wide array of functionalities to our diverse user base on Arbitrum. To mark this occasion, we’re launching a 9-week campaign with a total reward pool of 60,000 ARB. Read on to learn more about this campaign.

### **What is PancakeSwap Prediction, and How Does it Work?**

[**PancakeSwap's Prediction Market**](https://pancakeswap.finance/prediction?token=ETH&chain=arb&utm_source=blog&utm_medium=announcement&utm_campaign=Arbitrum&utm_id=PredictionLaunch) allows users to forecast the price movements of tokens such as ETH every 10 minutes with opportunities to earn a share of the round’s prize pool.

#### **How to use AI-powered Prediction:**

1\. Go to [**PancakeSwap Prediction**](https://pancakeswap.finance/prediction?token=ETH&chain=arb&utm_source=blog&utm_medium=announcement&utm_campaign=Arbitrum&utm_id=PredictionLaunch) and select the Arbitrum Chain.

2\. Select the prediction round you want to participate in and make your prediction based on either the AI's forecast or going against it.

![Screenshot 2024-06-23 at 07.48.37.png](https://sgp1.digitaloceanspaces.com/strapi.space/f3702ee211b7d1fa273a1a69060007e9.png)

- On the interface, you can align with the AI's forecast by selecting "Follow" or go "Against" the AI by not following it. Please note that you will only see whether the AI predicts the price to rise or fall after placing your bet. Both "Follow" and "Against" bets will be placed by users, meaning the AI will not predict against any user. Instead, users choose to either trust the AI or go against it based on their judgment.
- **Example:** Let's say the current ETH price is $3,500. If the AI forecast predicts the ETH price will rise/fall in the next 10 minutes, and you want to follow the AI's prediction, select "Follow" to align with the AI's prediction. On the other hand, if you think the AI may be wrong, click "Against" to go against the AI's prediction. Please note that you can only see whether AI is betting up or down after you place the bet!

_Disclaimer and Risk Warning: The AI prediction is powered by Allora, and after initial testing, the accuracy is 65%. This means the AI can predict correctly or incorrectly, users should exercise caution and make informed decisions when choosing to follow or go against the AI's predictions.. This content is for general information and educational purposes only, without representation or warranty. It should not be construed as financial, legal, or other professional advice, nor intended to recommend purchasing any specific product or service. You should seek advice from appropriate professional advisors._

3\. Place your prediction by entering the amount you wish to predict (minimum is 0.00001 ETH), confirming your transaction, and signing it in your wallet.

4\. Wait for the Round to Close: Watch the result after 10 minutes.

**For example**, if the current ETH price was $3,500 and you followed the AI prediction that it would rise in the next 10 minutes, and the price increases to $3,505, your prediction was correct, and you win a share of the round's prize pool. Conversely, if the price falls to $3,498, you would lose for making the wrong prediction.

![Screenshot 2024-06-23 at 08.29.15.png](https://sgp1.digitaloceanspaces.com/strapi.space/1dea737c1ce17fe6a09325025bf9eb07.png)

5\. Collect Your Winnings: If your prediction is correct once the round ends, collect your winnings! You can also view the history of previous rounds in the "history section".

_Please note that the payout multiplier for each round will vary based on the bets placed by users on each side._

**Supported Tokens for Launch:** ETH

**Fees:** 3% of each round's total pot to the treasury, with a portion of the fees used for buyback and burn. The remaining fees will be used in the treasury for future marketing and development.

**[Make your predictions now](https://pancakeswap.finance/prediction?token=ETH&chain=arb&utm_source=blog&utm_medium=announcement&utm_campaign=Arbitrum&utm_id=PredictionLaunch)**

### Join the Campaign and Win from a 60,000 ARB Reward Pool!

To celebrate this launch, we're running a 9-week campaign with 60,000 ARB rewards. This initiative is part of PancakeSwap’s effort following a grant of 450,000 ARB from the Arbitrum Long-Term Incentive Pilot Program, with 60,000 ARB allocated specifically for this Prediction campaign. Each of the four tasks will start and conclude each week, giving you a chance to win every week.

**Campaign Period:**

- **Week 1:** 26 June 13:00 UTC to 2 July 23:59 UTC 2024
- **Week 2:** 3 July 00:00 UTC to 9 July 23:59 UTC 2024
- **Week 3:** 10 July 00:00 UTC to 16 July 23:59 UTC 2024
- **Week 4:** 17 July 00:00 UTC to 23 July 23:59 UTC 2024
- **Week 5:** 24 July 00:00 UTC to 30 July 23:59 UTC 2024
- **Week 6:** 31 July 00:00 UTC to 6 Aug 23:59 UTC 2024
- **Week 7:** 7 Aug 00:00 UTC to 13 Aug 23:59 UTC 2024
- **Week 8:** 14 Aug 00:00 UTC to 20 Aug 23:59 UTC 2024
- **Week 9:** 21 Aug 00:00 UTC to 27 Aug 23:59 UTC  2024

**Eligibility:** Open to all users participating in predictions on Arbitrum.

#### How to join the 9-week campaign with 60,000 ARB rewards

#### **54,000 ARB Rewards to be distributed weekly!**

**1. Loss Protection with 27,500 ARB: Up to 100% of losses are refunded weekly based on total eligible losses.**

- Your losses are protected with a 3,000 ARB weekly refund pool. Users who incur losses on their predictions during the campaign period can receive up to a 100% refund in ARB rewards to compensate for their losses. At the end of each week, we will calculate the total losses incurred by all eligible users. If the total loss incurred by all users weekly exceeds 3,000 ARB, the refund will be distributed proportionally; hence the refund amount each user can receive is determined based on the total losses of all users.

**Revised Criteria Effective from Week 3 Onwards:  (Updated as of 9th July 2024)**

_To enhance your experience and streamline our reward distribution, we've updated our loss protection criteria. Starting from Week 3 of the campaign (effective 10th July 2024), you will be eligible for a refund under "loss protection" only if your weekly net loss exceeds $5. This $5 threshold is calculated based on the opening and closing times between each week of the campaign period. We appreciate your ongoing support and are committed to improving your predictive experience._

**Refund Calculation Example:**

- Suppose you incurred a loss equivalent to 100 ARB in a week.
- If the total losses across all eligible users for that week amount to 4,000 ARB,
- Your compensation would be: (100 / 4000) * 3000 ARB = 75 ARB

_(When you make predictions, you use ETH; to calculate your loss in ARB, we convert this using the latest ETH to ARB conversion price. At the week’s end, the closing price is applied.)_

Track all your loss/win/volume etc prediction on our **[dune dashboard](https://dune.com/pancakeswap/pancakeswap-prediction-campaign-on-arbitrum)** 

**2. Top Prediction: 1,500 ARB Weekly**

The top 10 users with the highest volume predictions will share a 1,500 ARB reward pool. Users must reach a minimum accumulated volume of $1,000 weekly to qualify. The top 10 users with the highest volume will be ranked and share the 1,500 ARB reward pool:

- **Rank 1:** 500 ARB
- **Rank 2:** 300 ARB
- **Rank 3**: 200 ARB
- **Rank 4-5:** 100 ARB each
- **Rank 6-10:** 60 ARB each

**3. Random Draw: 1,000 ARB Weekly**

Each week, 10 lucky users who make at least 3 predictions will win 100 ARB each.

**4. Net Winning Bonus: 500 ARB Weekly**

Each week, the top 2 users with the highest net winnings will win 500 ARB. Your weekly minimum accumulated volume must be $1,000 to qualify. Rank 1 will win 300 ARB, and Rank 2 will win 200 ARB.

Check out the leaderboard **[here](https://dune.com/pancakeswap/pancakeswap-prediction-campaign-on-arbitrum)**

#### **Extra Bonus:**
- At the end of the campaign, an extra 6,000 ARB bonus will be shared among users who participated for at least 6 out of the 9 weeks. All eligible users will share the 6,000 ARB equally, with a maximum individual reward of 100 ARB.
- Any leftover rewards from any of the campaigns will be distributed among all participants who make a minimum of 3 predictions at the end of the campaign.

## **Terms and Conditions:**
- Rewards will be distributed weekly within 5 days after the end of each week.
- Only predictions made on the Arbitrum chain are eligible for rewards.
- Only predictions made during the campaign period will be eligible for rewards.
- Users must adhere to the minimum accumulated volume requirements to qualify for rewards.

We are excited to announce PancakeSwap’s Prediction Market on Arbitrum, featuring an AI-driven price feed powered by Allora!

PancakeSwap Introduces AI-Powered Prediction Market on Arbitrum: Up to 100% Fund Protection and Launching  60,000 ARB Campaign

We are thrilled to announce that PancakeSwap has officially received a grant from Arbitrum to help grow both the PancakeSwap and Arbitrum ecosystems. This milestone is a testament to the strength of our community and the shared vision for DeFi.

On March 2nd, 2024, the kitchen submitted the Long Term Incentives Pilot Program (LTIPP) to the Arbitrum DAO to bring PancakeSwap's innovative products and growth strategies to the Arbitrum ecosystem. You can view the proposal here: **[PancakeSwap LTIPP Application.](https://forum.arbitrum.foundation/t/pancakeswap-ltipp-application-final/21755)**

Since then, we have received overwhelming support from our DeFi partners and the Arbitrum community. Wintermute, for example, [praised our application](https://snapshot.org/#/arbitrumfoundation.eth/proposal/0xd140d8bbbfd1a2b543675468e072a2ab3cc14a252119ff7fe7541aa048fe0153), stating, **_"PancakeSwap’s application was solid and scored well across a lot of criteria. They have a great reputation and a long history of development and growth. They bring some interesting and novel product offerings to Arbitrum under one UI, making it easy for users to access. Their upcoming integrations with Arbitrum-native applications are also a plus."_**

The LTIPP proposal passed with a staggering 95.8% support via a snapshot on April 16, 2024. You can view the results here: **[Snapshot Proposal.](https://snapshot.org/#/arbitrumfoundation.eth/proposal/0xd140d8bbbfd1a2b543675468e072a2ab3cc14a252119ff7fe7541aa048fe0153)**

Now that we have received the Arbitrum grant, we are excited to announce several initiatives and products to grow both ecosystems together.

#### **Reward Distribution**

We have 450,000 ARB rewards to distribute over the next 12 weeks on Arbitrum PancakeSwap:

- 330,000 ARB for v3 liquidity mining
- 60,000 ARB for Stryke options liquidity mining
- 60,000 ARB for Prediction

#### **Here’s how you can earn these rewards:**

*1\. v3 Liquidity Mining:** ARB rewards via Merkl

![Screenshot 2024-06-11 at 18.32.17.png](https://sgp1.digitaloceanspaces.com/strapi.space/f568a0975111b4ff218d5206e9dea36a.png)

23. Find the list of eligible pools here: **[Merkl Pools](https://merkl.angle.money/?status=past&search=pancake&chain=42161).**
24. Click on your desired pool and then on the PancakeSwapV3 icon to directly seed liquidity with us.
25. After seeding liquidity, stake your LP token on our **[PancakeSwap Farms page](https://pancakeswap.finance/farms?chain=arb).**
26. You can now earn both PancakeSwap Farm and Merkl rewards.
27. Claim CAKE on PancakeSwap, claim ARB on Merkl.

**2\. Stryke Options Liquidity Mining:** ARB rewards via Merkl

![Screenshot 2024-06-11 at 18.20.11.png](https://sgp1.digitaloceanspaces.com/strapi.space/de24ead39273d0c11ba951a07636ffea.png)

31. Find the list of eligible pools here: **[Merkl Stryke Pools](https://merkl.angle.money/?status=live%2Csoon&chain=42161&search=strykepcs).**
32. Click on your desired pool and then the StrykePancakeSwap icon to directly seed liquidity on our Options trading UI.
33. Claim your ARB rewards on Merkl

**3\. PancakeSwap’s AI-Prediction Market is now live on Arbitrum,**

![2024-06-26 13.51.42.jpg](https://sgp1.digitaloceanspaces.com/strapi.space/f2586a1c446e7be74d1b9b87fefd61bd.jpg)

To celebrate this launch, we're running a 9-week campaign with 60,000 ARB rewards:
- Loss Protection with 27,500 ARB: Up to 100% of losses are refunded weekly based on total eligible losses.
- The top 10 users with the highest volume predictions will share a 1,500 ARB reward pool.
- Each week, 10 lucky users who make at least 3 predictions will win 100 ARB each.
- Each week, the top 2 users with the highest net winnings will win 500 ARB. 
- At the end of the campaign, an extra 6,000 ARB bonus will be shared among users who participated for at least 6 out of the 10 weeks
- To pariciapte in this campaign and more information please refer to the blog **[here](https://blog.pancakeswap.finance/articles/pancake-swap-introduces-ai-powered-prediction-market-on-arbitrum-up-to-100-fund-protection-and-launching-60-000-arb-campaign?utm_source=socials&utm_medium=announcement&utm_campaign=Arbitrum&utm_id=PredictionLaunch)**

We are excited to bring these opportunities to our community and look forward to seeing the positive impact on the PancakeSwap and Arbitrum ecosystems. Stay tuned for more updates!

Stack’em,

The Chef’s

We are thrilled to announce that PancakeSwap has officially received a grant from Arbitrum to help grow both the PancakeSwap and Arbitrum ecosystems. This milestone is a testament to the strength of our community and the shared vision for DeFi.

PancakeSwap Receives Arbitrum Grant: 450,000 ARB Rewards to Boost Ecosystem Growth

In the dynamic world of decentralized exchanges (DEXs), recent changes in Uniswap’s fee structure have left many traders searching for alternatives. With Uniswap implementing a 0.25% interface fee, users are experiencing high transaction costs. But fear not! PancakeSwap, the leading multichain DEX, is here to offer a solution. This campaign promises lower fees, better prices, and refunds for the excess fees (interface fees) up to 8 Million USD you've paid on Uniswap. Join us in the movement to reclaim your fees and easily trade on **[PancakeSwap](https://pancakeswap.finance/swap?chain=eth&utm_source=blog&utm_medium=Ethereum&utm_campaign=Swap&utm_id=InterfacefeeRefund)**.

![7a71b27b849ba69c6b3519e711fdb171 1.png](https://sgp1.digitaloceanspaces.com/strapi.space/4dd3ef7ed75cc949b4a834059b4673cc.png)

#### **How to Get Your Uniswap Interface Fees Refunded**

**Step 1:** Check eligibility: You can join this campaign if you traded on the Uniswap frontend between 1 Jan 2024 00:00 UTC and 31 Mar 2024 23:59 UTC with a minimum accumulated volume of $5,000 in WBTC and/or WETH pairs on the Ethereum chain.

Uniswap frontend refers to any trade conducted through the Uniswap website and routed via UniversalRouter. You can easily check your eligibility by entering your address on the **[Dune dashboard](https://dune.com/pancakeswap/pancakeswap-uniswap-interface-fee-refund-campaign)**.

**Step 2:** Match your Ethereum Uniswap volume 1:1 on Ethereum PancakeSwap v3 in eligible pairs (WBTC and/or WETH pairs) during the campaign period (from 16 May 2024, 12:00 PM UTC to 15 Aug 2024, 23:59 UTC), and we'll reimburse your entire Uniswap interface fee. 
**Note: You must use the same wallet address for the trades on both Uniswap and PancakeSwap to qualify for the campaign**

_For example, if you've traded an accumulated volume of $1,000,000 on Uniswap frontend between Jan 1, 2024, and Mar 31, 2024, with WBTC and/or WETH pairs (such as WBTC/USDT, WETH/USDC, WETH/WETH, PEPE/WETH, etc.) on the Ethereum chain, paying a $1500 Uniswap interface fee, trading the same volume 1:1 ($1,000,000) on Ethereum PancakeSwap v3 with WBTC and/or WETH pairs during the campaign period (from May 16 to Aug 15) would lead to a full refund of the $1500 Uniswap interface fee._

**Step 3:** Track your Uniswap volume, interface fees paid, PancakeSwap Volume, and eligibility on the Dune dashboard by entering your wallet address: **https://dune.com/pancakeswap/pancakeswap-uniswap-interface-fee-refund-campaign**

![Screenshot 2024-05-16 at 12.18.48.png](https://sgp1.digitaloceanspaces.com/strapi.space/6937c49b4aa098c26b8fb7c17e95d572.png)

**Step 4:** Once you meet the criteria from steps 1 to 3, you can fill in this form to participate in the campaign and reclaim your fees: **https://forms.fillout.com/t/4qEqPz2hUFus**

**Please remember that to qualify for the Uniswap interface refund, YOU MUST complete all steps 1 to 4 outlined in the campaign. Missing any of these steps will result in disqualification from the refund program.**

#### **Additional Benefits of Trading on  PancakeSwap!**

**1. No Interface Fees:** Say goodbye to high interface fees. At PancakeSwap, you won't pay any interface fees, allowing you to trade freely.

**2. Lowest Trading Fees:** Enjoy one of the industry’s lowest fees. Starting from just 0.01%, you'll save money on every trade.

**3. Best Prices:** We offer the best prices for swaps, ensuring you get the most value out of your trades.

**4. Earn Points:** In addition to the interface fee refund, all qualified participants will be eligible for points allocation, which can be redeemed for exclusive opportunities in the future.

Trade on Ethereum PancakeSwap here: **[https://pancakeswap.finance/swap?chain=eth](https://pancakeswap.finance/swap?chain=eth&utm_source=blog&utm_medium=Ethereum&utm_campaign=Swap&utm_id=InterfacefeeRefund)**

#### **FAQs:**

We understand you may have questions about the campaign, so here are some frequently asked questions:

**Q1:** Am I eligible for an interface fee refund if I trade on other chains?

**Ans:** No, only trades made from eligible pairs, WBTC and/or WETH pairs, on the Ethereum Uniswap front end qualify for a refund, You MUST ALSO trade the same amount 1:1 on Ethereum PancakeSwap v3 to be eligible for the interface fee refund.

_However, you can trade on PancakeSwap across eight chains (Base, Arbitrum, zkSync, Linea, Polygon zkEVM, BNB Chain, opBNB, and Aptos) to save interface fees and trade at the lowest fees._

**Q2:** If I can't match the 1:1 trading volume, will I get a partial interface fee refund?

**Ans:** No, you must match the 1:1 trading volume to get a full refund. If you traded $5k volume on Ethereum Uniswap front end, then make sure to trade $5k on [Ethereum PancakeSwap v3](https://pancakeswap.finance/swap?chain=eth&utm_source=blog&utm_medium=Ethereum&utm_campaign=Swap&utm_id=InterfacefeeRefund).

**Q3:** If I used Uniswap before 1 Jan 2024 or after 31 Mar 2024, am I also eligible for a refund of the Uniswap interface fee?

**Ans:** No, only users who traded between 1 Jan 2024 00:00 UTC to 31 Mar 2024 23:59 UTC are eligible for the refund.

**Q4:** Who qualifies for the interface fee refund?

**Ans:** If you traded on Ethereum Uniswap front end between 1 Jan 2024 00:00 UTC and 31 Mar 2024 23:59 UTC with an accumulated minimum volume of  $5k in WBTC and/or WETH pair, AND match that volume on Ethereum PancakeSwap v3 during the campaign from 16 May 2024, 12:00 PM UTC to 15 Aug 2024 23:59 UTC, you will get all your interface fee refunded.

**Q5:** Do I need to complete the 1:1 volume in one trade, or can I reach it through multiple trades?

**Ans:** No such condition exists to match the volume in one trade; you can reach the required volume through multiple swaps. Your cumulative total volume should match your previous trades on Ethereum Uniswap's front end.

**Q6:** Where can I check the progress of my volume, fee, and eligibility, and how can I apply for the fee refund?

**Ans:** You can check your eligibility, volume, fee, etc., on this dune dashboard by simply entering your wallet address: **https://dune.com/pancakeswap/pancakeswap-uniswap-interface-fee-refund-campaign**

To apply for the interface fee refund, please fill out this form: **https://forms.fillout.com/t/4qEqPz2hUFus** 

**Q7:** I've matched 1:1 trading volume. When will I receive the interface fee refund in my wallet?

**Ans:** We'll distribute it within four weeks after the campaign ends.

**Q8:** Will trades/Swaps be routed through a DEX aggregator count?

**Ans:** Swaps made via a DEX aggregator WILL NOT be counted in the volume. Please use **[https://pancakeswap.finance/swap?chain=eth](https://pancakeswap.finance/swap?chain=eth&utm_source=blog&utm_medium=Ethereum&utm_campaign=Swap&utm_id=InterfacefeeRefund)**

**Q9:** Does my volume also have to match the exact pairs on Ethereum PancakeSwap v3 as I traded on Ethereum Uniswap front end? For example, if I traded $10,000 in the WBTC/USDT pair on the Ethereum Uniswap front end, does this mean I have to trade $10,000 in WBTC/USDT on Ethereum PancakeSwap v3 to qualify, or can it be any other pair?

**Ans:** You can trade in any eligible pair. You just need to match your volume with a 1:1 ratio, it can be any eligible WBTC and/or WETH pair on Ethereum PancakeSwap v3.

If you have more questions, join our community on **[Telegram](https://t.me/PancakeSwap)** or **[Discord](https://discord.gg/PUwKd7gu)**, and we will be happy to answer them.

**Disclaimer:**

- PancakeSwap reserves the right to change the campaign rules to address potential cheating or unforeseen circumstances.
- PancakeSwap reserves the right to decide on all matters related to the campaign, including but not limited to participant eligibility.

**Join us in the movement to reclaim your fees and trade with low fees on PancakeSwap. Don't miss out on this opportunity to save on fees and be part of the movement to get your interface fees back!**


In the dynamic world of decentralized exchanges (DEXs), recent changes in Uniswap’s fee structure have left many traders searching for alternatives. With Uniswap implementing a 0.25% interface fee, users are experiencing high transaction costs.