A New Voyage Awaits! Prepare for an epic voyage as opBNB takes the spotlight as the sixth island in the captivating [**"Traverse the Treasure Islands"**](https://galxe.com/PancakeSwap/campaign/GCJ7ZUWTKU) Galxe campaign. With the seamless integration of PancakeSwap onto opBNB, we're thrilled to invite you on this exhilarating expedition. Engage in token swapping, liquidity provision, and engaging social media tasks to earn loyalty points and unlock exclusive NFTs.

**Campaign Duration:** September 28th 13:00 UTC to November 16th 13:00 UTC

**How to participate:** Two Galxe campaigns await on opBNB PancakeSwap

![photo1695892078.jpeg](https://sgp1.digitaloceanspaces.com/strapi.space/044fda58a0939d33f2454b811cddeb92.jpeg)

## 1. Island Hopper NFT - opBNB Edition:
Embark on your journey by completing designated tasks and earn your opBNB Island Hopper NFT. Collect a range of Island Hopper NFTs to unlock the coveted Island Hopper Extraordinaire NFT.

**Tasks include:**

1. Follow PancakeSwap on Twitter
2. Like the announcement Tweet
3. Retweet the announcement Tweet 
4. Join PancakeSwap Telegram Group
5. Join PancakeSwap Discord
6. Watch the launch video on YouTube
7. Swap any amount of any token on opBNB PancakeSwap

![photo1695892078 (3).jpeg](https://sgp1.digitaloceanspaces.com/strapi.space/c312093488ea621629614a07ee1df128.jpeg)


## 2. Treasure Hunter NFT - Point-Based Task, opBNB Edition:

Climb the [**loyalty points leaderboard**](https://galxe.com/PancakeSwap/leaderboard) by completing points-based tasks across all islands. Gather points across various islands, with more launching soon. Top the leaderboard and earn the distinguished Treasure Hunters NFT!

**Tasks include:**
1. Swap any amount of any token on opBNB PancakeSwap v3. 
2. Provide liquidity in the eligible pair for at least 2 weeks: BNB-USDT 0.05% fee tier on opBNB PancakeSwap v3 

Earn 1 point for each $1 swapped and $1 provided in liquidity.

For an additional guide on how LP leaderboard points work, visit our tutorial [**here**](https://blog.pancakeswap.finance/articles/claiming-lp-points-for-traverse)

![photo1695892078 (1).jpeg](https://sgp1.digitaloceanspaces.com/strapi.space/1e184476288e7e461778cabc9a289069.jpeg)

**Remember Your Voyage:**

While the exclusive NFTs—the Island Hoppers, the Hopper Extraordinaire, and the Treasure Hunters—hold no guaranteed use cases or future airdrops, we aim to share any incentives opBNB provides among various stakeholders. This includes the CAKE community, CAKE stakers, projects contributing to PancakeSwap's development, and ecosystem contributors. Participate in the [**"Traverse the Treasure Islands"**](https://galxe.com/PancakeSwap/campaign/GCJ7ZUWTKU) Galxe campaign to celebrate our launch.

**Important Notes:**

Remember to **use the same wallet address** throughout your journey and claim your Island Hopper NFTs with the same wallet to be eligible for the Island Hopper Extraordinaire NFT. Please note that all NFTs within this campaign **are non-transferable**, adding to their exclusivity and value.

Set sail with us on the opBNB PancakeSwap adventure and be part of this extraordinary journey. 

Stack’em and join the Chef's expedition! 🥞




Embarking on the Sixth Island Adventure: Traverse the opBNB PancakeSwap Journey!

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.

Get Your Uniswap Interface Fees Refunded on PancakeSwap, up to $8M!

### Data Recap

#### Overall
- Total Volume: $32.9B
- Average Daily Volume: $1.1B
- Unique Traders: 2.2M
- Unique Onsite Users: 3.6M
- Web3 Wallet — Onsite Users: 88K
- Web3 Wallet — Average Daily Users: 7.1K
- Gaming Marketplace - AVG Daily Users: 6.8k

### CAKE
- Total burned: 44.9M CAKE ($153.3M)
- Bought back from the market to burn: $5.6M
- Number of holders: 1,654,853 (MoM 0.88%)
- Effective CAKE Emission Rate: 1.36 CAKE/Block

*As our emissions and burn data are calculated and grouped by weeks, not months, the statistics above may not one-to-one reflect our “monthly burn”, and only serves as a guideline. For more information on our burns, please refer to our weekly burn post on our social channels.

### 🍽✅ Served In April 

#### PancakeSwap v4: See How It Empowers Devs & Protocols

![v4 features.jpg](https://sgp1.digitaloceanspaces.com/strapi.space/ef7cd158682f281f85fb91fd7a359ca9.jpg)

Since PancakeSwap v4 was announced, we've unveiled our commitment to innovation with the launch of Innovative Pools, featuring exciting additions like CLAMM and LBAMM. These new pools are set to elevate trading experiences for our users.
Additionally, we're thrilled to introduce fees on unique features, opening up new revenue paths for our platform. 

🌱 Wanna join us? Submit your ideas here: https://pancakeswapforms.fillout.com/PancakeSwap_Hooks_Submission 

📖 Learn More: https://blog.pancakeswap.finance/?category=v4 

Can't get enough? Check here:
https://developer.pancakeswap.finance/contracts/v4/overview 

#### Q2 Roadmap AMA: Interested in what is coming on PancakeSwap?

![roadmap ama recap.jpg](https://sgp1.digitaloceanspaces.com/strapi.space/15f31b95c13838330e089128f7e1f6ae.jpg)

April marks the dawn of a new quarter, and with it comes an eagerly anticipated roadmap update! 
As every quarter, the Kitchen and the Community convened for a live AMA session, offering clarity on all fronts and fostering community engagement. 

In case you missed the chit chat round with the Chefs, don’t worry, we got you covered! 

Both ways to recap the AMA are available for you to check: 
📺Live Version: https://www.youtube.com/watch?v=qerTianOWIA&t=2s&ab_channel=PancakeSwap 
📜Text Recap: https://blog.pancakeswap.finance/articles/pancake-swap-q2-roadmap-ama 

#### April 2024: PancakeSwap's CAKE Burn! 
![APril's burn report.jpg](https://sgp1.digitaloceanspaces.com/strapi.space/6106039fc55a9fef2c780fd5ee294728.jpg)

Turn on the oven! 🔥

April marks the 8th consecutive month of CAKE total supply reduction, with a cumulative -2,575,069 CAKE net mint. 

Take a look at April’s burn report here 👉 https://blog.pancakeswap.finance/articles/april-2024-pancake-swap-s-cake-burn

_Can you smell the burned pancakes? 🥞_

#### TWAP and Limit orders are now available on PancakeSwap - powered by ORBS 

![Twap y Limit x Orbs.jpg](https://sgp1.digitaloceanspaces.com/strapi.space/f2815d04367942e2582317ddea8040ca.jpg)

We have teamed up with Orbs Network to develop a new feature to level your trading experience. 

Say hello to TWAP (Time-Weighted Average Price) and Limit orders, now seamlessly integrated into PancakeSwap's ecosystem on the BNB Chain. This feature spans all DEX liquidity sources and versions (v2, v3 StableSwap, etc.). Moreover, we're planning to extend this feature to multiple chains soon! 

Reduce price impact, automate dollar-cost averaging, and take control of your trades. 

👉Get started now https://pancakeswap.finance/swap/limit

ℹ️More Info: https://blog.pancakeswap.finance/articles/pancake-swap-teams-up-with-orbs-network-to-introduce-twap-and-limit-orders

#### More Trading features! Strike comes with CLAMM Options Trading!

![Opciones.jpg](https://sgp1.digitaloceanspaces.com/strapi.space/c748caa32178ea15a77a71de9e03531a.jpg)

We’re introducing CLAMM Options Trading on PancakeSwap in Collaboration with Stryke
Options are derivative contracts that grant buyers the right, without obligation, to buy or sell an asset at a predetermined strike price in the future.

You can now trade options, build on-chain options liquidity, earn premiums, and earn swap fees on Arbitrum PancakeSwap.

Try it now 👉https://pancakeswap.stryke.xyz/ 

📚Read more: https://blog.pancakeswap.finance/articles/introducing-clamm-options-trading-on-pancake-swap-in-collaboration-with-stryke-formerly-dopex 

#### Gaming Marketplace: Shadow Realms launch! 

![shadow realms.jpg](https://sgp1.digitaloceanspaces.com/strapi.space/f8ed4496bfce2520e16a82bffe3f9ce9.jpg)

🎮 Enter the realm of legends with the launch of Shadow Realms on PancakeSwap's Gaming Marketplace, developed by ChainZ studios.

🌐Transact your in-game currency on BNB Chain, Polygon zkEVM, zkSync Era, Arbitrum One, and Base! 

Start Playing now! 👉https://pancakeswap.games/project/shadow-realms 

🕹️Shadow Realms is part of our expanding and robust Gaming Marketplace, where all users can seamlessly play and have fun, while staying within the crypto ecosystem like pros.

#### Aperture brings Automate LP to the Kitchen! 

![Aperture Finance.jpg](https://sgp1.digitaloceanspaces.com/strapi.space/7f7f1a5f985d49d96df7933c378be133.jpg)

We are thrilled to announce the integration between PancakeSwap and Aperture Finance to automate LP management. 

With this integration, users can leverage AI-powered intent-based LP management tools to optimize liquidity provision on PancakeSwap v3 pools across Ethereum and BNB Chain. 

Users can effortlessly automate their PancakeSwap liquidity positions (LPs), optimizing capital efficiency and minimizing the complexities associated with manual management. To celebrate the launch, there will be an APTR airdrop for PancakeSwap users; read on to learn more.

There is also an airdrop coming to all the users who interact with Aperture Finance! 

🪂 Join the INTENTional Campaign for the $APTR airdrop 👇

https://blog.pancakeswap.finance/articles/pancake-swap-integrates-with-aperture-finance-streamline-your-liquidity-management-with-ai-powered-intents-and-join-the-aptr-airdrop 

#### Purple has always been a known color for PancakeSwap! 

🤝PancakeSwap is coming to Monad
![Monad.jpg](https://sgp1.digitaloceanspaces.com/strapi.space/e9d870d00e6265f9e965201e00792917.jpg)

Industry-leading low trading fees, juicy yield farming, and everyone's favorite IFO.

With v4, expect gas savings and custom pool types, all on Monad's lightning-fast platform
Not much more leaks for now. Stay tuned!!! 

#### veCAKE is now on opBNB
![vecake en opBNB.jpg](https://sgp1.digitaloceanspaces.com/strapi.space/c6e2211c5f149f8ebeeed1ab37f6157a.jpg)

📄 veCAKE Gauges are now live on opBNB!

With the inclusion of opBNB, the current Trading Allocation emission of ~100 CAKE/day directed towards opBNB Farms will be added to veCAKE emissions.

As voted for previously, the Kitchen will retain a 40% voting share of total veCAKE votes currently allocated to the gauges system to vote for core pairs, such as USDT-BNB on opBNB. 

This is to maintain the liquidity depth and volumes of these core pairs, which contribute significantly to CAKE buyback-and-burn.

#### Redirecting Emissions to Locker Protocols

![Locker Proposal.jpg](https://sgp1.digitaloceanspaces.com/strapi.space/2071080cabb830be2165f065eb24ea0e.jpg)

🗳️During April, we presented a proposal to the community regarding reallocating CAKE emissions to the veCAKE locker ecosystem.

🌍After the proposal was approved, we're now strategically deploying bribes across CakePie, StakeDAO, & Hidden Hand to enhance liquidity in these pools: BNB-USDT, USDT-BNB, CAKE-BNB, & CAKE-USDT.

🙌  This strategic move aims to boost liquidity and drive efficiency without increasing overall emissions. 

If you wanna check the full proposal, you can do it here: https://pancakeswap.finance/voting/proposal/0x57121617ce82be6faab483b2e83fa626593f51c4e9c71670be36bfaa6cd96bf1?chain=bsc 
Thank you for your support in this decision! 

#### Arbitrum LTIPP application approved

![LTIPP Passed.jpg](https://sgp1.digitaloceanspaces.com/strapi.space/33f50ee0e95ecce7d81526e5b01c232d.jpg)

Thank you for your vote. Let’s grow on Arbitrum together 💙🧡

We will distribute:
💙330k ARB to our top performing V3 pools
💙60k ARB to boost our Prediction product
💙60k ARB to incentivize our options product with Stryke

💬Read more: https://snapshot.org/#/arbitrumfoundation.eth/proposal/0xd140d8bbbfd1a2b543675468e072a2ab3cc14a252119ff7fe7541aa048fe0153

#### New Farms
![farms.jpg](https://sgp1.digitaloceanspaces.com/strapi.space/0f79554489686f0efae84378fb7c0ccf.jpg)

#### New Pools
![pools.jpg](https://sgp1.digitaloceanspaces.com/strapi.space/c162b422bddb269532595352ef7a8988.jpg)

### Still Cooking - Coming Soon: 

#### Calling for community testers! - Be part of something awesome

If case you missed it, on May 1st, we posted this tweet: https://twitter.com/PancakeSwap/status/1785610125836734853 

We're preparing to unveil an exciting new feature and want you to join the journey!

We're seeking enthusiastic community members to beta test our upcoming product. Your insights will be invaluable as we fine-tune performance, fix bugs, and gather feedback!

✍️ If you're eager to get involved, sign up here to register your interest: https://forms.gle/csBrqPNBbcAtUXLS7 

#### Multichain Prediction, expanding the fun to more horizons! 

🔮 PancakeSwap's prediction game is designed to test your price prediction skills 🎯

Now deployed on Binance Smart Chain and zkSync Era, our goal is to expand the prediction universe to more blockchains! 

While we continue working on it, you can start playing right away! 👉 https://pancakeswap.finance/prediction 

### Still hungry?
Join us on **[Twitter](https://twitter.com/PancakeSwap)** , **[Telegram](https://t.me/pancakeswap)**, in our **[Discord](https://discord.gg/pancakeswap)** server, or in our growing **[Reddit](https://www.reddit.com/r/pancakeswap)** community!

Bon appétit!

The Chef's 🐰🥞


Check what happened in PancakeSwap during April! 

PancakeSwap April's Recap

Cakepie is a Yield & veTokenomics service provider (veCAKE Manager) designed by Magpie to support the long-term development of PancakeSwap’s voting governance. Cakepie has now integrated the veCAKE Voting Market which allow users to participate in the voting process and earn voting incentives. Cakepie rewards CAKE holders and Liquidity providers, as well as offering cost-effective voting power. It also helps decrease CAKE’s circulating supply by locking up CAKE. To learn more about Cakepie’s ecosystem and tokenomics, please visit **[here](https://docs.cakepiexyz.io/cakepie-overview)**. Today's article will teach you how to participate via Cakepie’s veCAKE Voting Market and claim voting rewards.

_Please note: This article is for educational purposes only and does not constitute financial advice. PancakeSwap does not endorse or provide vote incentives through external markets. Users should conduct their research and exercise caution when using such services._

1\. Visit **[Cakepie’s veCAKE Voting Market](https://www.pancake.magpiexyz.io/bribe)** and navigate to the “Vote” tab.
![1.png](https://sgp1.digitaloceanspaces.com/strapi.space/9ac2ee90369fdc8db1e211f3a446a1bb.png)

2\. veCAKE Dashboard. In this section, you will find the following: 
![2.png](https://sgp1.digitaloceanspaces.com/strapi.space/88179320fc798f0534bc7accc50cc5c5.png)
- Your veCAKE holding 
- Snapshot time and voting end time for the current epoch.
- The number of votes each gauge receives and the total amount of veCAKE votes cast.

3\. Choose the gauge you want to vote for (e.g.,mCAKE-CAKE, StableSwap).
![3.png](https://sgp1.digitaloceanspaces.com/strapi.space/325847376e59eeaf54b4b8ce45ff010f.png)
- The first column shows the gauge you are voting for. 
- The second column shows the APR for the current epoch.
- The third column shows the total vote incentives to be distributed to all veCake votes for the current epoch.
- The fourth shows the total veCAKE vote for each gauge. 

4\. Click “Vote” to cast your veCAKE votes on your preferred gauges.
![4.png](https://sgp1.digitaloceanspaces.com/strapi.space/22ead706033dd65b45e86104a4188e0c.png)

5\. You'll be redirected to PancakeSwap's Gauges voting page.
![5.png](https://sgp1.digitaloceanspaces.com/strapi.space/0eeef53b171a7537e8dc29b9c78d9e2e.png)
- Gauges weight voting is conducted every two weeks. The beginning of an epoch, like revenue sharing, is at 00:00 UTC every Thursday. Please refer to our **[full documentation](https://docs.pancakeswap.finance/products/vecake/gauges-voting)** for veCAKE voting schedule.
- The incentives each gauge offers are divided by the total votes each gauge receives.
- Users can vote for gauges on different networks and receive incentives in different networks.

6\. Scroll down to "My Votes" and click "Add Gauges."
![a.png](https://sgp1.digitaloceanspaces.com/strapi.space/68f0077a6b6d9b3a892a4a13931a952c.png)

7\. Search for the gauge you want to vote for and click the "+" icon to add it.
![6.png](https://sgp1.digitaloceanspaces.com/strapi.space/675a8e46b793b488cd6dcb87ba88472b.png)

8\. Once you have added the gauges, you may select the percentage of your veCAKE that goes to each gauge.
![7.png](https://sgp1.digitaloceanspaces.com/strapi.space/ea55eae5edfee5810b7bbc7febeebcc5.png)
We use percentage as the unit of veCAKE votes because: 
- veCAKE gradually decreases with the remaining lock time. Estimating and calculating the exact number of veCAKE to vote for is impractical. 
- It is troublesome to re-vote in every upcoming epoch. Therefore, gauge voting is designed to carry your decisions throughout the upcoming epoch until you cast a new one. Please refer to our full documentation for veCAKE caluclations

Confirm your decision and click "Submit vote".

9\. After the voting period ends, you can claim your rewards on **[Cakepie’s veCAKE Voting Market](https://www.pancake.magpiexyz.io/claim)**; navigate to the “Claim” tab.
![Screenshot 2024-05-06 at 12.31.56.png](https://sgp1.digitaloceanspaces.com/strapi.space/79d0e6309c8beea4fe8e33bcd61804e4.png)
- If you have unclaimed rewards, the rewards value will show up on this page
- Voters can decide when to claim their corresponding rewards, there is no time limit for participants to collect their voting incentives.

Happy Voting!

Cakepie is a Yield & veTokenomics service provider (veCAKE Manager) designed by Magpie

How do you earn vote incentives on Cakepie’s veCAKE Voting Market?

## **GM PancakeSwap community,**

PancakeSwap is thrilled to announce a strategic partnership with Teahouse Finance, a provider of comprehensive liquidity management solutions. This collaboration introduces new vault strategies featuring diverse trading pairs, simplifying liquidity management for users on PancakeSwap v3.

There are four vault options available: the USDC.e-WETH and WBTC-WETH vaults, each with a 0.05% fee; the USDC.e-USDT vault with a minimal fee of 0.01%; and the wstETH-WETH vault, also with a 0.05% fee. This guide will assist you in navigating these options to optimize your liquidity management.

## **About Teahouse Finance’s Vaults**

Teahouse Finance provides diverse professional investment strategies that align with users’ risk tolerance and investment goals. Much like a hedge fund, Teahouse’s platform assists both enterprise and individual clients in growing their crypto assets through secure and transparent asset management. Teahouse LP Vaults are dual-token vaults that allow users to provide liquidity by depositing token pairs into selected strategies managed by Teahouse or partners.

Teahouse’s LP Vaults on PancakeSwap utilize either the **Single-sided LP Strategy** or the **Adaptive Portfolio Strategy**.

**The Single-sided LP Strategy:** Unlike traditional LP, the Single-sided LP Strategy sets a price range above and a price range below the current spot price, each with one asset type as liquidity and waiting for the spot price to move into range. The strategy aims to maximize profits by narrowing the LP ranges for higher, more concentrated fees.

**The Adaptive Portfolio Strategy:** This strategy applies various fundamental portfolio-building concepts (e.g. mean-reversion and exponential gradient) to adjust the liquidity depth (weights) around the spot price. The performance of each method is analyzed via back-testing to identify the approach that delivers the highest swap fees earned. The strategy manager re-evaluates the algorithms periodically to ensure that the selected strategy still fits the current market conditions, and if not, switch to the current-best algorithm.

## **How Teahouse Finance’s strategies work on PancakeSwap v3**

Teahouse Finance’s LP Vaults on PancakeSwap v3 offer users an effortless way to deposit liquidity directly from Pancake's platform and utilize Teahouse strategies. By utilizing Teahouse's expert position management, these LP Vaults execute dynamic DeFi strategies that react to market signals in real time.

With the **[Single-sided LP Strategy](https://docs.teahouse.finance/teahouse-finance-1/lp-vaults/strategies/single-sided-lp-strategy)**, the two deposited tokens are placed as two single-sided LP ranges sandwiching the pair's spot price. This lowers the frequency of rebalancing, which in turn reduces the divergence loss ((when impermanent loss becomes realized). Providing single-sided LP helps mitigate the transaction costs incurred from frequent rebalancing, which is the case for double-sided LP positions (covering the whole price range) where swap fees are required to reinvest the fee earnings back into the LP pool.

As this strategy aims to maximize profits by narrowing the LP ranges, it requires some prediction of future price changes. Here is an example of how the price ranges are positioned and the changes in spot price. The red and blue sections represent single-sided positions for each token. You can see how the strategy can anticipate price changes and adjust each position accordingly.


For the [Adaptive Portfolio Strategy](https://docs.teahouse.finance/teahouse-finance-1/lp-vaults/strategies/adaptive-portfolio-strategy), Teahouse selected and evaluated various established portfolio strategies to see which performed the best recently. This strategy currently adopts the 50:50 equal-weight strategy (holding 50% in Token A, 50% in Token B, with equal weights across all positions), which, according to testing results, consistently performed the best over the time period tested. However, Teahouse continues to reassess the performance of the various portfolio strategies to ensure that it consistently utilizes the top-performing strategy.

The LP Vaults, overseen by professional Strategy Managers at Teahouse, provide users with not just robust risk management features, but also automated management, re-balancing, and compounding benefits. Simply deposit your assets and allow Teahouse to manage and grow them on your behalf.

## **How to use Position Manager on PancakeSwap with Teahouse Finance’s strategies**

1. Visit our Position Manager Page.
    
![Screenshot 2024-05-06 at 9.03.12 PM.png](https://sgp1.digitaloceanspaces.com/strapi.space/386c6b561c5f937d33e8bd93abb8e982.png)
    
2. In this case, we'll choose the pairs marked as **"managed by Teahouse Finance**' to try out their strategies.
    
![Screenshot 2024-05-06 at 8.54.05 PM.png](https://sgp1.digitaloceanspaces.com/strapi.space/b8b2c54be0f1d081b7ca498c47716165.png)
    
3. Once you've chosen **the trading pair with its respective strategy,** click the **"Add Liquidity"** tab.

 
![Screenshot 2024-05-06 at 8.55.48 PM.png](https://sgp1.digitaloceanspaces.com/strapi.space/934ab8010166acdc38f114a42278e536.png)

4\. A dropdown will appear displaying the needed deposit token, APR info, and the strategy provider's management fee. Specify the token quantity you wish to deposit and then **"Approve [Token].”**

    
5\. Review the details once more, and then click "Confirm.”

![4.2.jpeg](https://sgp1.digitaloceanspaces.com/strapi.space/66dffe89eec1ba807178a1064838b0e1.jpeg)

**Enhance Your Experience with PancakeSwap's Position Manager**

PancakeSwap's Position Manager is designed to simplify the liquidity provisioning process for LPs, aiming to reduce losses and increase profits. For more details about its features and our collaborations, check out our announcement blog: https://blog.pancakeswap.finance/articles/pancakeswap-rolls-out-the-position-manager-feature-on-v3.

**Enjoy**

**The Chefs**

There are four vault options available: the USDC.e-WETH and WBTC-WETH vaults, each with a 0.05% fee; the USDC.e-USDT vault with a minimal fee of 0.01%; and the wstETH-WETH vault, also with a 0.05% fee. 

PancakeSwap Partners with Teahouse Finance to Launch Position Manager on Linea

Hello CAKE holders! 🥞

We held an AMA (Ask Me Anything) with Calanthia from the Masa Team to get to know the project more! If you missed participating in the AMA, read this article and learn about their project!

Opening Words from Masa Team

Calanthia: Hello Pancake community! My name is Calanthia and I am a co-founder of Masa. Thanks so much for having me here.

Let’s begin with the Questions!

**[Q1]: Could you please introduce Masa at a high level? What is Masa?**

Masa is leading the charge in the exciting intersection of Crypto and AI. We are a Decentralized AI Data and Language Model (LLM) Network that empowers users to own, share, and earn from their data and compute resources used to train AI applications.

As AI rapidly advances, we face a critical choice: Centralized AI controlled by Big Tech, or Decentralized AI that promotes fairness, cost-effectiveness, and user empowerment. At Masa, we're building the decentralized future of AI.

Before our successful Token Generation Event on April 11th, Masa raised $18 million from top investors. We are proud graduates of the Binance MVB Accelerator and CoinList Seed Accelerator and participants in the Hashkey AI Accelerator.
Masa made history as the first AI project launched on Coinlist in 2024. Our community token sale sold out in just 17 minutes and was oversubscribed by 6.4 times. The future of AI is decentralized, and Masa is leading the way.

**[Q2]: What problem is Masa solving? Why was Masa created?**

In the AI era, data is the new oil. For too long, Big Techs have been harvesting your data to train AI. Users do not own or benefit from their data.

Masa changes that. Masa empowers users to own, share, and earn from their data and compute to train AI. Everyone can be a data contributor. Everyone can be a node worker. Users can contribute their compute resources to aggregate data on the Masa Oracle. For the first time, users can decide whom to share their data with, and get paid when their data and compute resources are used to train AI. 

This wealth of user-permissioned and user-aggregated data and decentralized LLMs enables developers to create hyper-personalized AI applications with real-time insights at an unprecedented scale. The Masa Oracle Network boasts a throughput of 3.7 million transactions per second, ensuring ample data for model training.

To date, Masa has accumulated 50 million proprietary data points permissioned by 1.6M users and aggregated by 48,000+ Masa Oracle node workers. We're proudly pioneering the decentralized AI revolution in web3.

**[Q3] Could you please share more about the traction Masa has achieved?**

While decentralized AI is still a nascent field, Masa has been quietly amassing a significant amount of user-consented data for decentralized AI development since August 2022.
Masa has established itself as a leading decentralized AI data and LLM network based on three key metrics:
- Data volume: Masa has aggregated 50M proprietary data points. 
- Data supply: 1.6M users have consented and contributed their data to the Masa network. 
- Data demand: An emerging group of AI developers are using Masa's network data to build applications, as unveiled in this press release. Innovative use cases include: AI-powered market analysts, AI friends, AI assistants. 
All of Masa's data are transparent and publicly available on https://dune.com/masa-network/masa.  

**[Q4]  How can users join the Decentralized AI movement and participate in the Masa Community?**

Would love to share some ALPHA with the Pancake community.

First of all, to celebrate our TGE and Mainnet launch, we are running many exciting airdrop and trading competitions with exchanges. For example, we are doing an exciting campaign with 700,000 MASA token rewards with PancakeSwap. Check them out before rewards run out: https://twitter.com/PancakeSwap/status/1780144522946568214 

Secondly, the core principle at Masa is to empower users to own, share, and earn from their data and compute to train AI applications. We want users to be able to financially benefit from the current AI boom, and we are making it super easy. Go to our data marketplace: https://app.masa.ai/marketplace . You can share your personal data anonymously with Masa and our developer ecosystem to earn MASA token rewards. Rest assured that your data is anonymized and secure, using our cutting-edge zero-knowledge encryption technologies.

Thirdly, in the AI era, Masa is redefining what a node worker is. On Masa Oracle, anyone can easily become a node worker, who contributes compute resources to fulfill data requests from AI developers. In return, you earn MASA tokens in exchange for your contribution of compute resources.

Currently, there are two easy ways to become a Masa Node Worker:

1. You can contribute compute resources to scrape Twitter data: https://developers.masa.finance/docs/masa-oracle/twitter-worker  
2. You can contribute compute resources to scrape web data: https://developers.masa.finance/docs/masa-oracle/web-worker  

Check out these guides and be an early adopter to earn MASA token rewards.

**[Q5] What’s next for Masa? What are the exciting developments on your near term roadmap?** 

ALPHA ALERT! Excited to drop some more ALPHA to the Pancake community.

First of all, we are super excited to bring $MASA to the Base blockchain. Masa is one of the first developers to deploy on Base Mainnet in early 2023 and we have built a sizable Base community. Excited to bring our decentralized AI data network to the Base ecosystem.

Secondly, we are about to introduce a Staking program to the community. Staking is a very important way to build a long-term, loyalty community around a token, and Masa is excited to introduce generous yields of MASA token staking.

Thirdly, the Masa Oracle Incentivized Testnet is on the horizon. Anyone can become a Masa node worker to earn MASA tokens, as I shared above.

All these exciting announcements will come out in the next few weeks. We are excited to build one of the most active communities in web3 and decentralized AI.

### Live Q&A Session

**Q1: With the mission of building a decentralized artificial intelligence data network, what specific solutions and applications is Masa aiming for that could potentially change how we use and interact with data in the future?**

Ans: Everyone can be a data contributor, earning when your data is used to train AI models. The core principle at Masa is to empower users to own, share, and earn from their data and compute to train AI applications. We want users to be able to financially benefit from the current AI boom, and we are making it super easy. Go to our data marketplace: https://app.masa.ai/marketplace . You can share your personal data anonymously with Masa and our developer ecosystem to earn MASA token rewards. Rest assured that your data is anonymized and secure, using our cutting-edge zero-knowledge encryption technologies.

Everyone can be a node worker, earning when your compute resources are used to train AI models. On Masa Oracle, anyone can easily become a node worker, who contributes compute resources to fulfill data requests from AI developers. In return, you earn MASA tokens in exchange for your contribution of compute resources.

Currently, there are two easy ways to become a Masa Node Worker:
1. You can contribute compute resources to scrape Twitter data: https://developers.masa.finance/docs/masa-oracle/twitter-worker  
2. You can contribute compute resources to scrape web data: https://developers.masa.finance/docs/masa-oracle/web-worker  

Check out these guides and be an early adopter to earn MASA token rewards.

**Q2: What is the current distribution of $MASA governance token  among early investors, developers, and the public, and how will the $MASA token's supply and demand scale with the number of active users?**

Ans: We are very transparent with our tokenomics and token distribution. The current distribution amongst early stakeholders can be found on our Medium blog: https://medium.com/masa-finance/an-overview-of-masa-token-economics-9cf7c55f5348. We also published the information when we had a record-breaking, 17-minute CoinList sale on March 7: https://coinlist.co/masa. 

We allocated 10% to community rewards, 4% to Masa Oracle staking rewards, and 20% to ecosystem growth. These funds are able to support the exciting development of the Masa ecosystem. To reiterate, there are different ways to participate in the Masa ecosystems and earn MASA Tokens. 

Go to our Data Marketplace. Farm your data to earn MASA: https://app.masa.ai/marketplace
Run a node for Masa. Contribute your compute resources to earn MASA: https://developers.masa.finance/docs/masa-oracle/twitter-worker  

Join our developer community. We have allocated $100,000 MASA to early developers: https://medium.com/masa-finance/masa-unveils-decentralized-ai-developer-ecosystem-2899cb97247d 

COMING SOON: We are about to unveil our exciting staking program and Masa Oracle Incentivized Testnet. You will be able to stake your MASA tokens to earn generous yields via both programs. 

### **MASA Quiz!!**

The MASA team prepared a few questions in a form. Users had to fill their public wallet address (not your private keys), Answers and Telegram/Discord username. Some lucky users who answered all correct have received a reward!

If you want to participate in this kind of events, follow up in our social channels to find out when the next AMA will be!

**Final Words from MASA**
Thank you everyone for joining us today, it was a pleasure to answer your questions and I hope to see some of you guys in the XCAD chats in the future! If you want to learn more about MASA, don’t hesitate to check our website / join our chats and ask questions!

That’s all from AMA! It was a very informative Q & A session.

Keep an eye on our socials to don't lose any of this events!

The Chefs 🐰

AMA with MASA

We're thrilled to announce an exciting trading competition with Masa. In this competition, you can trade MASA tokens on PancakeSwap to win exciting prizes. Trade on BNB Chain or Ethereum to showcase your trading skills and compete for a guaranteed share of 700,000 MASA tokens ($190,000)!

- **Campaign Duration:** From April 16, 08:00 AM UTC to May 11, 23:59 UTC

- **Eligibility:** Trade MASA tokens on either the BNB Chain or Ethereum PancakeSwap

- **Total Prize Pool:** 700,000 MASA tokens

#### **How to Win:**

#### **Part 1: Trade MASA to share guaranteed 170,000 MASA Rewards ($46,000)**

Trade a minimum of $100 worth of MASA tokens on either BNB Chain and/or Ethereum PancakeSwap to get a guaranteed share from a pool of 170,000 MASA tokens. All the users who meet this criteria will equally split the pool.

- Swap MASA on BNB Chain PancakeSwap here: https://pancakeswap.finance/swap?chain=bsc&outputCurrency=0x944824290CC12F31ae18Ef51216A223Ba4063092

- Swap MASA on Ethereum PancakeSwap here: https://pancakeswap.finance/swap?chain=eth&outputCurrency=0x944824290CC12F31ae18Ef51216A223Ba4063092

#### **Part 2: Top the leaderboard to share from 460,000 MASA ($126,000)**

The top 100 users based on the total trade volume on BNB Chain and Ethereum during the campaign will be ranked on the leaderboard to win a share of 500,000 MASA tokens.

_Rewards will be distributed based on rank as follows:_

**Rank 1:** 75,000 MASA

**Rank 2:** 60,000 MASA

**Rank 3:** 50,000 MASA

**Rank 4 and 5:** 25000 MASA each

**Rank 6 to 10:** 10,000 MASA each

**Rank 11 to 20:** 5000 MASA each

**Rank 21 to 50:** 2500 MASA each

**Rank 51 to 100:** 1000 MASA each

The higher your trading volume, the higher your rank, and the greater your reward. Keep trading to aim for the top spot on the leaderboard. Check out your rank in the leaderboard here: **https://dune.com/pancakeswap/pancakeswap-masa-finance-dollarmasa-trading-campaign**

#### **Part 3: Participate in AMA to share 70,000 MASA ($18,000 )**

Participate in an exclusive AMA with Masa to learn more about MASA and the trading competition. Participate in quizzes, ask questions, and engage for a chance to win a share of 70,000 MASA tokens. Stay tuned on our socials for more details.

**About MASA:**
[Masa](https://www.masa.finance) is the leading decentralized AI data and LLM network. Users can own, share, and earn from their data and compute to power AI applications. Ahead of Mainnet Launch, Masa has already amassed over 1.4 million unique users, 48,000 node operators, and over 40-million data points.

**Terms and Conditions:**
- Trading volume includes both buy and sell volume.

- You can swap MASA tokens on both the BNB Chain and Ethereum PancakeSwap; volume from both chains counts towards your total volume but must be performed under the same wallet address.

- You can make multiple trades; your total cumulative volume will be considered in the leaderboard.

- Rewards will be distributed within 2 weeks after the campaign ends.

- All rewards will be distributed in MASA tokens on the BNB Chain.

**Disclaimer:** This campaign is not an endorsement of any specific coin. Please trade cautiously.


We're thrilled to announce an exciting trading competition with Masa.

Staking

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Farming

Trading

Governance

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Initial Farm Offerings (IFOs)

NFTs

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