***Disclaimer and Risk Warning:** 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.*

PancakeSwap offers two key tools—[**Zap**](https://docs.pancakeswap.finance/products/pancakeswap-exchange/zap) and [**Position Manager**](https://pancakeswap.finance/position-managers)—that simplify liquidity provision for advanced yield farmers. These features streamline the process of adding liquidity, managing positions, and optimizing yield farming strategies.

### **Zap Feature: Simplified Liquidity Provision**

PancakeSwap’s [**Zap feature**](https://blog.pancakeswap.finance/articles/understanding-single-sided-liquidity-and-how-pancakeswap-zap-feature-simplifies-liquidity-provision) allows users to add liquidity with just one token rather than requiring a 50/50 split of two tokens. When a user deposits a single token, Zap automatically converts part of it into its pair, ensuring a balanced liquidity pool token. This saves time and reduces the transaction fees normally associated with manually swapping tokens.

![image3.png](https://sgp1.digitaloceanspaces.com/strapi.space/79cf7797a03df64130ac7903850619fc.png)

For yield farmers, this feature simplifies entering liquidity pools and minimizes the effort required to maintain token ratios.

### **Position Manager: Easier Liquidity Management**


PancakeSwap’s [**Position Manager**](https://blog.pancakeswap.finance/articles/pancakeswap-rolls-out-the-position-manager-feature-on-v3)  tool helps users efficiently manage their liquidity positions. Key functions include:


![image1.png](https://sgp1.digitaloceanspaces.com/strapi.space/bbfc11e23f2529017d6398efa332e881.png)
- **Real-time tracking**: Monitor your LP token performance and rewards in one place.
- **Rebalancing**: Automatically adjusts token ratios in response to price changes, ensuring your position stays balanced.
- **Auto-harvesting**: Set up automatic reinvestment of rewards to further optimize your liquidity.

With the Position Manager, yield farmers can avoid the constant need to adjust their positions manually, allowing them to focus on broader strategy rather than micromanaging individual pools.

### **How the Two Features Work Together**

Users can achieve smoother, more efficient yield farming using the Zap feature and Position Manager. Here's how they complement each other:

- **Easy Pool Entry**: With Zap, users can enter liquidity pools with a single token, reducing complexity for new farmers.
- **Optimized Position Management**: The Position Manager balances token ratios and reinvests rewards automatically.


### **Risks and Considerations**

While these tools improve efficiency, yield farming still comes with risks:

- **Impermanent Loss**: Exposure to token price fluctuations can lead to impermanent loss in liquidity pools.
- **Smart Contract Risks**: As with any DeFi platform, vulnerabilities in smart contracts could pose risks.
- **Market Volatility**: Rapid market changes can affect the value of your staked tokens and rewards.

Understanding these risks will help you make informed decisions when using PancakeSwap's tools for liquidity provision.

The **Zap** feature and **Position** **Manager** simplify liquidity provision for advanced yield farmers by allowing them to enter, manage, and optimize liquidity positions. Enjoy Yield Farming!

**The Chefs**

PancakeSwap offers two key tools—Zap and Position Manager—that simplify liquidity provision for advanced yield farmers. 

What Advanced Yield Farmers Should Know: How Zap and Position Manager Streamline Liquidity Provision

We’re excited to launch a **$50,000 trading competition** in collaboration with **BetFury (BFG).** You can trade BFG to compete for amazing prizes, and win rewards while trading on the **[PancakeSwap Web interface](https://pancakeswap.finance/?inputCurrency=0x55d398326f99059fF775485246999027B3197955&outputCurrency=0xBb46693eBbEa1aC2070E59B4D043b47e2e095f86)** and the **[PancakeSwap Telegram Swap-Bot.](https://t.me/pancakefi_bot)**

#### **What is BetFury?**

**[BetFury](https://betfury.com/?r=PANCAKESWAP)** is a crypto and entertainment ecosystem encompassing iGaming, crypto-earning features, and sports betting for over 5 years. BetFury boasts a global community of 3M+ registered users which experience competitive features like Crypto Staking, Free BTC Faucets, and own developed Original Games with high RTP of up to 99,28%.

#### **Campaign Duration:**

**Start:** December 24, 2024, 13:00 UTC

**End:** January 12, 2025, 23:59 UTC

**BFG Official Contract Address:** **[BFG Contract on BSCScan](https://bscscan.com/address/0xbb46693ebbea1ac2070e59b4d043b47e2e095f86)**
#### 

#### **How to Participate & Win:**

The campaign consists of three exciting parts. Here's how you can qualify for the rewards:

**Part 1: Daily Lucky Winners – $10,000 USDT**

- 10 random winners every day will win $50 USDT each during the campaign period.
- To qualify, trade at least **$200 USD** daily in BFG trading pairs during the campaign period. This can be achieved through a **single trade** or **multiple trades** in BFG pairs.
- Only trades made on the **[PancakeSwap Web Version](https://pancakeswap.finance/?inputCurrency=0x55d398326f99059fF775485246999027B3197955&outputCurrency=0xBb46693eBbEa1aC2070E59B4D043b47e2e095f86)** are eligible. Trades via the Telegram Swap Bot **will not be considered** for this prize.

**Part 2: Top Trader Leaderboard – $30,000 in $BFG token**

- The top 30 traders with the highest cumulative trading volume during the campaign period will share a total prize pool of $30,000 in BFG token.
- To qualify, you must trade at least **$5,000 USD** in cumulative trading volume across BFG trading pairs during the campaign period. This can be achieved through a **single trade** or **multiple trades** in BFG pairs.
- Only trades made on the **[PancakeSwap Web Version](https://pancakeswap.finance/?inputCurrency=0x55d398326f99059fF775485246999027B3197955&outputCurrency=0xBb46693eBbEa1aC2070E59B4D043b47e2e095f86)** are eligible. Trades via the Telegram Swap Bot **will not be** considered for this prize.
-Track your ranking in the leaderboard here: https://dune.com/pancakeswap/betfury-trading-competition 

**Rewards Breakdown:**

**1st Place:** $6,000

**2nd Place:** $4,000

**3rd Place:** $3,000

**4th–5th Place:** $2,000 each

**6th–10th Place:** $1,000 each

**11th–20th Place:** $500 each

**21st–30th Place:** $300 each


**Part 3: PancakeSwap Telegram Swap Bot – $10,000 USDT**

- After the campaign ends, 100 lucky traders will each win $100 USDT.
- To qualify, trade at least **$500 USD** in BFG trading pairs through the **[PancakeSwap Telegram Swap Bot.](https://t.me/pancakefi_bot)** This can be achieved through a **single trade** or **multiple trades** in BFG pairs.
- Only trades executed through the **PancakeSwap Telegram Swap Bot** will count towards this part of the competition. Trades made on the PancakeSwap Web Version **are not eligible.**
- Swap BFG on the Telegram Bot here: **[PancakeSwap Telegram Bot.](https://t.me/pancakefi_bot)**

#### **Terms & Conditions**

- All qualifying trades must involve **BFG tokens**. Only trades in **BFG trading pairs** will be considered. Trades in pairs that do not include BFG will not count toward your daily, cumulative, or leaderboard volume.
- **Parts 1 & 2:** Only trades made on the **[PancakeSwap Web Version](https://pancakeswap.finance/?inputCurrency=0x55d398326f99059fF775485246999027B3197955&outputCurrency=0xBb46693eBbEa1aC2070E59B4D043b47e2e095f86)** (including both **V2** and **V3** interfaces) qualify. Trades made through external aggregators or platforms like **1inch** or other decentralized exchanges **will not** count toward this competition.
- **Part 3:** Only trades via the **[PancakeSwap Telegram Swap Bot](https://t.me/pancakefi_bot)** qualify. Trades made on the **PancakeSwap Web Version** do not count for this part of the competition.
- **For parts 1 and 3,** rewards will be distributed in **USDT** tokens, while **part 2** rewards will be distributed in **BFG tokens** within **4 weeks** after the campaign ends.
- PancakeSwap reserves the right to modify or cancel the competition rules anytime. In case of any disputes, PancakeSwap's decision will be final.
- The information provided here is not intended as financial advice. It does not constitute a solicitation, recommendation, endorsement, or offer by PancakeSwap to buy, sell, or invest in any digital assets. Cryptocurrencies carry significant risks, including the potential loss of your entire investment. We strongly recommend seeking professional advice before making any financial, investment, or trading decisions.

#### **Start Trading Now!**

Trade BFG on PancakeSwap: **[PancakeSwap Web](https://pancakeswap.finance/?inputCurrency=0x55d398326f99059fF775485246999027B3197955&outputCurrency=0xBb46693eBbEa1aC2070E59B4D043b47e2e095f86)**

Use the PancakeSwap Telegram Swap Bot: **[Telegram Bot](https://t.me/pancakefi_bot)**

Good luck, and may the best traders win!








We’re excited to launch a $50,000 trading competition in collaboration with BetFury (BFG).

PancakeSwap x BetFury Trading Competition – $50,000 in Rewards

2024 was a transformative year for PancakeSwap, as we doubled down on our mission to bring DeFi back to its roots—accessible, simple, and empowering for everyone. Here’s a quick recap of the highlights and what’s next.

## **Numbers That Matter: Key Achievements in 2024**

![image1.jpg](https://sgp1.digitaloceanspaces.com/strapi.space/a025f14dc286f99fd13de252b6f49e59.jpg)

At PancakeSwap, we let the numbers do the talking. Here’s a look at the major milestones we reached:

- **Total Trading Volume:** $310.6B across 9 blockchains, reflecting a 179% YoY growth from $111.3B in 2023 to $310.6B in 2024.
- **2024 Highest Daily Trading Volume:** $3.47 billion on December 16, 2024
- **Total Value Locked (TVL):** $2.17B
- **Total Unique Traders:** 14.38M+ users

We focused on providing a seamless, multi-chain experience that’s easy for anyone to access, making PancakeSwap the go-to DEX for millions of users worldwide.

## **CAKE: Fueling Growth & Sustainability**

![image6.png](https://sgp1.digitaloceanspaces.com/strapi.space/fbd8adce3991c119545e85c6a33403a3.png)

CAKE remains the backbone of PancakeSwap’s ecosystem, driving value for holders and supporting long-term growth.

- **455.5M CAKE Burned** in 2024, increasing scarcity
- **5.3M CAKE Net Burned**, reinforcing the ecosystem’s strength
- **1.79M CAKE Holders** globally, fueling the token’s sustainability
- **1.37% of the Total Supply Burned**, boosting scarcity

Through strategic burns and strong community support, CAKE continues to play a critical role in ensuring the long-term success and stability of the PancakeSwap platform.

## **Putting User's Experience First: Products That Matter**

![image2.png](https://sgp1.digitaloceanspaces.com/strapi.space/e223fc24dce67008071c66b48c0afee0.png)
In 2024, PancakeSwap focused on delivering products that solve real user needs, making DeFi more efficient and accessible than ever:

- **Gauges Voting & veCAKE Upgrade**: Multi-chain support on Base, Polygon zkEVM, Linea, opBNB, and more, with external bridging platform integrations like StakeDAO and Hidden Hand.
- **PancakeSwapX**: Gasless, zero-fee swaps on Ethereum and Arbitrum.
- **SpringBoard**: A no-code, zero-fee platform for launching tokens on the BNB Chain.
- **AI-Powered Prediction**: The first AI-powered predictions in DeFi on Arbitrum.
- **Telegram Swap & Prediction Bot**: Swap and predict DeFi assets directly within Telegram.
- **Swap, Farm, and Bridge Page Upgrade:** A sleeker, faster, and more intuitive user interface.

## **v4 Development & Milestones**

2024 marked a major milestone for PancakeSwap v4 with key achievements:

- **v4 Whitepaper:** Released at EthGlobal London in March.
- **$500K Developer Grant:** Supporting hackathons and workshops at EthGlobal London and Brussels, with 20+ submissions at each event.
- **v4 Online Hackathon (collaboration with Brevis):** 115 hackers, 26 builds, 5 winners.
- **[$50K Yield Enhancement Grant](https://forum.pancakeswap.finance/t/request-for-proposal-rfp-yield-enhancement-hook/960):** This grant encourages the development of strategies to optimize LP yields.
- **Keynotes & Panels:** PancakeSwap also delivered v4 keynote presentations and participated in panels with partners such as Linea, Monad, Chainlink, and more.

## **v4: Where We Are Now and Looking Ahead to 2025**

At PancakeSwap, we’ve always prioritized user security, believing the best results come from careful, thoughtful work. While we had initially set a target for a Q3 2024 release, we’ve chosen to take a bit more time to conduct additional security audits and gather further feedback. We've completed the first round of audits and are using this valuable input to refine and enhance the protocol.

Rather than rushing the process, we focus on delivering a product that meets the highest standards and is ready for the community. We’re currently in the final stages of internal testing, making final tweaks based on feedback to ensure the best possible outcome.

Looking ahead to 2025, we're confident that the extra care we’re putting into this release will result in a secure, seamless launch. We appreciate the community’s patience as we continue fine-tuning PancakeSwap v4 to ensure it’s the best it can be.

## **A Global Community: Growing Stronger Every Day**

![image4.png](https://sgp1.digitaloceanspaces.com/strapi.space/6aadbf639217a70a9013e4a611121a4a.png)
PancakeSwap's community continued to expand globally in 2024, fostering deeper connections and engagement across regions:

- **Global Expansion**: 6 Community meetups in Turkey, Brazil, Spain, Vietnam, and Nigeria
- **2.37M+ Social Media Followers** across platforms
- **40+ Ambassadors** driving engagement worldwide
- **Event Highlights**: PancakeSwap attended major blockchain events, including ETHGlobal London, BNB Incubation Alliance, ETHGlobal Brussels, ETH CC, Live on Linea, Binance Blockchain Week, and more.

Our global community continues to grow stronger, creating meaningful connections and solidifying PancakeSwap’s position as a DeFi leader.

## **Looking Ahead: This is only the beginning**

2024 was a year of tremendous growth, but none of it would have been possible without the incredible support of our community. Together, we’ve turned ambitious goals into concrete achievements, transforming PancakeSwap from a platform into a thriving global ecosystem.

As we look ahead to 2025, we’re more excited about what we’ll accomplish together. The journey is just beginning, and we can’t wait to continue building a better, more inclusive DeFi future with you.

Thank you for making PancakeSwap your home in DeFi.

With gratitude,

**The Chefs** 🥞

_The data presented in all the visuals and all the blog information have been collected and verified up to 20 December 2024._

2024 was a transformative year for PancakeSwap, as we doubled down on our mission to bring DeFi back to its roots—accessible, simple, and empowering for everyone. Here’s a quick recap of the highlights and what’s next.

Inside PancakeSwap 2024: Make DeFi Great Again

GM Fam,

We’re excited to announce the launch of **[PancakeSwap Bridge](https://pancakeswap.finance/bridge)**, a significant update that makes moving assets between chains faster and easier. Powered by BNB Chain, this new feature boosts speed, security, and simplicity, so you can transfer your tokens seamlessly across different chains.

#### **Why You’ll Love the PancakeSwap Bridge Powered by BNB Chain**

**1\. Cross-Chain Transfers Across 8 chains with 3700+ Tokens**

Easily transfer assets between 8 major chains, including Ethereum, BNB Chain, Base, Linea, opBNB, Arbitrum One, zkSync Era, and Polygon zkEVM. Wherever PancakeSwap DEX is available, you can use our bridge to transfer your tokens across these chains, making swaps faster and more seamless!

**2\. Smart Routing Powered by Leading Bridge Providers**

The PancakeSwap Bridge benefits from BNB Chain’s partnerships with multiple top-tier cross-chain bridge providers, such as Celer, LayerZero, deBridge, Meson, and Stargate. This integration allows your transactions to be routed through the best and fastest options available, ensuring that your asset transfers are always optimized for speed, security, and reliability.

![Screenshot 2024-12-16 at 13.36.55.png](https://sgp1.digitaloceanspaces.com/strapi.space/e491ce7d2f76206ceee3552e44b55c46.png)

**3\. Simple and Intuitive to Use**

Using the bridge is easy! The clean, user-friendly interface lets you transfer assets across 8 chains without hassle. Everything you need is right in one place—there’s no need to visit other websites or external interfaces.

![Screenshot 2024-12-16 at 13.35.47.png](https://sgp1.digitaloceanspaces.com/strapi.space/8c66d6b47109c64abe3e061020fad26e.png)

**4\. Powered by BNB Chain’s Cross-Chain Technology**

At the core of the PancakeSwap Bridge is BNB Chain’s Cross-Chain Bridge technology, which is fast, secure, and scalable. This ensures smooth and efficient transfers. Note: BNB Chain, the developer of this product, powers this bridge. Please do your research, understand the risks, and be cautious when using cross-chain services.


#### **How to Get Started?**

Ready to start using the bridge? Just visit the **[PancakeSwap Bridge](https://pancakeswap.finance/bridge)**, select your tokens, and follow the easy steps to transfer them across chains.

We’re excited for you to try out the PancakeSwap Bridge powered by BNB Chain! Please share your thoughts with us in the comments or on social media—we’d love your feedback.

Let’s start bridging!




GM Fam, We’re excited to announce the launch of PancakeSwap Bridge, a significant update that makes moving assets between chains faster and easier.

Introducing PancakeSwap Bridge: Fast, Secure Cross-Chain Transfers Across 8 Chains with 3700+ Tokens, Powered by BNB Chain

Ready to trade and win? Join the **[Aptos PancakeSwap](https://aptos.pancakeswap.finance/swap)** Trading Competition to share the incredible 8,000 APT (~$110,000) prize pool. Whether you're a seasoned trader or just getting started, there's something for everyone!

**Total Prize Pool:** 8,000 APT (~$110,000)

**Campaign Duration:** 6 Dec 08:00 AM UTC, 2024 – 4 Jan 23:59 UTC, 2025 

#### How to Participate

**1\. Daily Lucky Draw – 3,000 APT**

Each day during the campaign period, 20 lucky winners will each receive 5 APT. To participate, you need to trade a minimum of $100 USD in volume per day in trading pairs that include APT. This $100 can be reached through a single transaction or multiple trades – all APT trades will contribute to the total daily volume. 

**2\. Consistency Bonus - 1000 APT**

Trade at least $100 USD daily (in a single transaction or across multiple swaps – every APT trade counts!) in trading pairs that include APT for at least 15 days during the campaign period. It doesn’t need to be consecutive – just 15 days out of the 30 days. At the end of the campaign, 20 lucky winners will split 1,000 APT, each receiving 50 APT!

**3\. Top Traders Leaderboard – 4,000 APT**

Trade a minimum of $500 USD (in a single transaction or across multiple swaps – every APT trade counts) in trading pairs that include APT during the campaign period to qualify for leaderboard rewards. At the end of the campaign the top 50 traders by volume will share 4,000 APT!

**Top 3:**

🏆 1st: 700 APT

🏆 2nd: 500 APT

🏆 3rd: 400 APT

**Places 4–50:**

🔥 4th–5th: 250 APT each

🔥 6th–10th: 100 APT each

🔥 11th–20th: 50 APT each

🔥 21st–50th: 30 APT each

**Track your ranking here:** https://app.sentio.xyz/pancakeswap/pancakeswap/dashboards/Nko2SJOc

**Terms and Conditions:**

- To qualify, all trades must be conducted on the **[Aptos PancakeSwap interface](https://aptos.pancakeswap.finance/swap)** during the campaign period. Trades made on any other platform or interface will not be eligible.
- **APT Trading Pairs:** To qualify for any rewards in this campaign, all trades must be executed in **trading pairs that include APT.** Trades in pairs that do not include APT will **not** count toward your daily, total, or leaderboard volume. Only trades involving APT tokens will be considered eligible for all parts of this campaign.
- Participants must comply with the campaign rules, including meeting the trading volume thresholds in the specified APT trading pairs, to be eligible for rewards.
- Rewards will be distributed within three weeks after the competition ends.
- PancakeSwap reserves the right to modify or cancel the campaign mechanics or rules at any time without prior notice.
- In case of any dispute, PancakeSwap's decision regarding the campaign will be final.

#### **Don't Miss Out – Trade & Win!**

Start trading on **[Aptos PancakeSwap](https://aptos.pancakeswap.finance/swap)** today, and make every trade count toward winning your share of 8,000 APT. More trades, more chances to win!




Ready to trade and win? Join the Aptos PancakeSwap Trading Competition to share the incredible 8,000 APT (~$110,000) prize pool.

Aptos PancakeSwap Trading Competition – Win from 8,000 APT

To celebrate the launch of our new PancakeSwap [**Swap Bot**](https://t.me/pancakefi_bot), we're giving away **$10,000 in rewards!** Trade with the Swap bot to be one of **200 lucky winners** sharing in the prize pool. Keep reading to learn how to enter!

**Campaign Duration:** 21 November 13:00 UTC - 5 December 23:59 UTC 2024

**Prize Pool:** $10,000 in BEP20 USDT

# How to Participate and Win

**1. Use the PancakeSwap Swap Bot on Telegram**

- Only swaps executed through the [**PancakeSwap Swap Bot**](https://t.me/pancakefi_bot) on Telegram are eligible. Swaps made on the PancakeSwap website will not count for this campaign.

**2. Trade a Minimum Cumulative Volume of $100**

- Complete at least **$100 USD** in total trading volume—this can be in a single transaction or across multiple swaps. Every trade counts!

**3. Eligibility Criteria for Trading Pairs**

- Pairs must be listed on the [**PancakeSwap Token List**](https://tokenlists.org/token-list?url=https://tokens.pancakeswap.finance/pancakeswap-extended.json) for the BNB Chain.
- Each pair must include at least **one major token: WBNB, BTCB, BUSD, USDT, or USDC.**
- Pairs can be traded across PancakeSwap v2, v3, and Stableswap on the BNB Chain.

# Prize Pool

- **Prizes:** 200 lucky winners will be randomly selected to each receive $50 in BEP20 USDT.
- **Rewards Distribution:** Rewards will be distributed within three weeks after the campaign concludes, in BEP20 USDT.
#### **Terms and Conditions:**

- Only swaps executed through the PancakeSwap Swap Bot on Telegram are eligible. Swaps made on the PancakeSwap website will not count for this campaign.
- To qualify for rewards, users must complete at least $100 USD in total trading volume—this can be achieved in a single transaction or across multiple swaps. Every trade counts!
- Users must meet the Eligibility Criteria for Trading Pairs as outlined in the campaign details.
- Rewards will be distributed in BEP20 USDT on the BNB Chain within three weeks after the campaign concludes.
- PancakeSwap reserves the right to modify or cancel the campaign mechanics or rules at any time, without prior notice.
- In case of any dispute, PancakeSwap's decision regarding the campaign will be final.

To celebrate the launch of our new PancakeSwap Swap Bot, we're giving away $10,000 in rewards

Win $10,000 with the PancakeSwap Swap Bot

We’re excited to launch the **[PancakeSwap Swap Bot](https://t.me/pancakefi_bot)** on Telegram, building on the success of our Prediction Bot! Starting today, you can trade over 3,000 tokens on the BNB Chain via PancakeSwap, including access to v2, v3, and Stableswap pools—all directly within Telegram. No more juggling between apps or websites—just seamless trading through your favorite messaging app. Get started today and experience easy trading within a familiar interface. Read on to learn more!

### **Why Trade with the PancakeSwap Swap Bot?**

**1\. Ultimate Convenience:** Trade directly from Telegram, so you never have to leave the app to access PancakeSwap.

**2\. Vast Token Selection:** Trade from over 3,000 tokens on the BNB Chain across PancakeSwap v2, v3, and Stableswap—anytime, anywhere.

**3\. Low Fees:** Enjoy a competitive trading fee of as low as 0.01% on trades.

**4\. Instant Notifications:** Receive real-time updates on your transactions right within the bot.

#### **How to Get Started:**

1\. Open Telegram and access the PancakeSwap Swap Bot  https://t.me/pancakefi_bot

2\. Connect your wallet. Check out **[this wallet connect guide](https://docs.pancakeswap.finance/products/prediction/prediction-mini-app)** for assistance. 

3\. Enter the token and amount to swap. That's it, it's that easy.


_**Please note that 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 interact with the Telegram bot. This means you'll need to use the provided link or bot to get started with the prediction features.**_

Join the PancakeSwap Swap Telegram Bot to trade effortlessly. Ready to dive in? **[Start trading now!](https://t.me/pancakefi_bot)**

### **PancakeSwap Telegram Bot Directory**

- **[PancakeSwap Launches Swap Bot on Telegram: Trade Over 3,000 Tokens on BNB Chain](https://blog.pancakeswap.finance/articles/pancake-swap-launches-swap-bot-on-telegram-trade-over-3-000-tokens-on-bnb-chain)**
- **[How to Swap on the PancakeSwap Swap Bot](https://blog.pancakeswap.finance/articles/how-to-swap-on-the-pancakeswap-swap-bot)**
- **[Why Telegram Bots Are Trending: Discover PancakeSwap's Prediction and Swap Bot](https://blog.pancakeswap.finance/articles/why-telegram-bots-are-trending-discover-pancakeswap-prediction-and-swap-bot)**



We’re excited to launch the PancakeSwap Swap Bot on Telegram, building on the success of our Prediction Bot!

PancakeSwap Launches Swap Bot on Telegram: Trade Over 3,000 Tokens on BNB Chain

Since our inception in 2020, PancakeSwap has become a leading multichain decentralized exchange (DEX), spanning 9 chains, facilitating billions in trading volume, and empowering millions of users worldwide. Yet, the DeFi ecosystem still faces challenges, including high gas fees, the need for multiple native gas tokens, and fragmented liquidity across pools.

To address these issues and elevate your DeFi experience, we’re excited to introduce **[PancakeSwapX](https://pancakeswap.finance/swap?chain=eth)** —a product designed to locate users better execution prices while providing a more accessible and efficient trading experience across multiple chains.

#### **What is PancakeSwapX?**

PancakeSwapX enhances your trading by aggregating liquidity from multiple sources, including PancakeSwap’s AMM, other DEXs, and external liquidity providers, locating users with better execution prices. With PancakeSwapX, you’ll also enjoy gasless swaps, a wide selection of tokens, and protection against MEV attacks—all with zero trading fees during the initial launch period. Initially launching on Ethereum and Arbitrum, PancakeSwapX will soon expand to more chains and tokens.

### **Key Features of PancakeSwapX**

#### 1\. Seamless Integration with PancakeSwap UI

PancakeSwapX is fully integrated into the existing **[PancakeSwap interface](https://pancakeswap.finance/swap)**, allowing you to continue trading without additional setup. When it locates better execution prices, it will automatically be selected as the primary source of liquidity.

![Screenshot 2024-10-14 at 09.24.00.png](https://sgp1.digitaloceanspaces.com/strapi.space/7d5ff523172e1b0e02e90554e8d3647b.png)

#### **2\. Trade with Zero Fees at Launch**

At launch, PancakeSwapX will not charge trading fees for 150 tokens (including WETH, WBTC, USDT, USDC etc) on Ethereum and Arbitrum if your trade is routed through PancakeSwapX. If PancakeSwapX locates better execution prices, PancakeSwap will automatically route your trade there. However, if your trade isn’t routed to PancakeSwapX, standard PancakeSwap fees will apply. Be sure to verify the fee structure before confirming your trade.

**Please note** _that PancakeSwapX is not charging trading fees for specific pairs for a limited time at launch. After this period, PancakeSwapX trading fees may apply. Any future adjustments to fees will be communicated in advance._

#### **3\. Get a Better Execution Prices for Your Swaps**

PancakeSwapX aggregates liquidity from multiple sources to provide better execution prices:

- **Aggregated Liquidity:** PancakeSwapX aggregates liquidity from multiple sources, including PancakeSwap AMM pools, other DEXs, and external liquidity providers, for better execution prices.
- **Wide Range of Tokens:** PancakeSwapX supports over 150 tokens at launch (you can view the full list on UI under “manage tokens”). Even if a token isn’t available on PancakeSwap’s AMM pools, you can still trade it through PancakeSwapX.
- **MEV Protection:** PancakeSwapX protects you from front-running MEV bots, protecting the value of your trades.

#### **4\. Gasless Swaps – Trade with Zero Gas Fees**

Gas fees can be a significant barrier in DeFi, but PancakeSwapX eliminates this challenge with gasless swaps. Here’s how it works:

- **No Gas Fees on Failed Transactions:** With PancakeSwapX, you won’t pay gas fees on failed transactions.
- **No Need for Native Gas Tokens:** Trade seamlessly without needing the chain’s native token to cover gas fees.

With PancakeSwapX, users trade by signing and submitting off-chain orders, which external liquidity providers then fulfill by submitting on-chain transactions and covering the gas costs on their behalf. External liquidity providers build the gas costs into the swap price, allowing them to bundle multiple orders for more competitive pricing.

As a result, users don’t need to manage gas fees in native tokens or submit on-chain transactions. Additionally, failed or expired orders remain off-chain, ensuring no gas costs are incurred.

**Please note** _that users may still need to pay gas in some instances, such as when initially approving tokens and wrapping native network tokens._

#### **What does this mean for current Liquidity Providers?**

Liquidity providers on PancakeSwap AMM Pools will continue to earn trading fees and CAKE rewards. In contrast, external liquidity providers for PancakeSwapX will focus solely on trading to deliver better execution prices without receiving CAKE emissions. This ensures our liquidity providers retain unique benefits within the PancakeSwap ecosystem.

#### **Transitioning to PancakeSwapX: Retiring Market-Making Integration**

With the launch of PancakeSwapX, we will retire our **[market-making integration.](https://blog.pancakeswap.finance/articles/pancake-swap-launches-market-maker-integration-on-bnb-smart-chain)** This decision allows us to focus on enhancing the PancakeSwapX experience and ensuring users benefit from improved liquidity aggregation and pricing.

#### **Open Source and Transparency**

PancakeSwapX is built on the open-source code base from UniswapX. Our codebase is also permissionless and open source. You can explore the PancakeSwapX code [**[here](https://github.com/pancakeswap/pancake-x-contracts)**].

#### **Future Expansion and Gasless Cross-Chain Swaps**

Starting with Ethereum and Arbitrum, PancakeSwapX will soon support additional chains and offer gasless cross-chain swaps, allowing you to trade seamlessly across multiple networks without worrying about gas fees.

Trade smart, swap freely—experience PancakeSwapX today!

**Disclaimer:** The term "better execution prices" in our marketing materials refers to the current offer of zero trading fees for specific pairs on PancakeSwapX for a limited time. This offer is subject to change and applies only to select trading pairs at launch. After the offer period, standard trading fees may apply. Market conditions and liquidity availability influence pricing and fees and may vary. Users are advised to verify the fee structure before completing any transactions. PancakeSwapX makes no guarantees regarding pricing, and all trading is conducted at the user's risk.



#### **PancakeSwapX Directory**

- [**Introducing PancakeSwapX: Zero-Fee & Gasless Swaps on Ethereum and Arbitrum**](https://blog.pancakeswap.finance/articles/introducing-pancake-swap-x-zero-fee-and-gasless-swaps-on-ethereum-and-arbitrum)
- [**Why PancakeSwapX is the Upgrade DeFi Traders Have Been Waiting For**](https://blog.pancakeswap.finance/articles/why-pancakeswapx-is-the-upgrade-defi-traders-have-been-waiting-for) 
- [**Getting Started with PancakeSwapX: A Beginner’s Guide**](https://blog.pancakeswap.finance/articles/getting-started-with-pancakeswapx-a-beginner-s-guide)
- [**PancakeSwapX’s Liquidity Aggregation: Benefits and Implications**](https://blog.pancakeswap.finance/articles/pancakeswapx-s-liquidity-aggregation-benefits-and-implications)
- [**The Mechanics of Gasless Swaps: How It Works in PancakeSwapX**](https://blog.pancakeswap.finance/articles/the-mechanics-of-gasless-swaps-how-it-works-in-pancakeswapx)
- [**MEV Protection: Safeguarding Your Trades using PancakeSwapX**](https://blog.pancakeswap.finance/articles/mev-protection-safeguarding-your-trades-using-pancakeswapx)

Since our inception in 2020, PancakeSwap has become a leading multichain decentralized exchange (DEX), spanning 9 chains, facilitating billions in trading volume, and empowering millions of users worldwide

Introducing PancakeSwapX: Zero-Fee & Gasless Swaps on Ethereum and Arbitrum

# 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.