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!

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

# **PancakeSwap October Recap 2024**

**Data Recap**

**PancakeSwap**

- Total Value Locked (TVL): 2.05B
- Total Volume: $24.3B
- Average Daily Volume: $784.1M
- Unique Traders: 1.9M
- Unique Onsite Users: 1.8M
- veCAKE - Total CAKE Locked: 92.2M
- veCAKE - AVG Lockup Period: 64.4 (Weeks)

**CAKE Token**

- Total burned: 36M CAKE ($67.2M)
- Monthly Net Mint: -777,208 CAKE
- % of Supply Burned: -0.203%
- N° of holders: 1,783,936 (MoM +0.65%)
- 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 October**

**Monthly Burn Report**

 ![burn report.jpg](https://sgp1.digitaloceanspaces.com/strapi.space/8f7abd0e3e33264406555e44c382c121.jpg)

In our commitment to achieving the Ultrasound CAKE, October marks the 14th consecutive month of reducing the total supply of CAKE, with a Net Mint of  -777,208  CAKE, bringing the cumulative net reduction to -5,685,447 CAKE!

- 👨‍🌾Minted: 1,023,905
- 🔥Burned: 1,801,113
- 📉Net Mint: -777,208
- 🔻% of total supply burned: -0.203%

**PancakeSwapX: A Game-Changer in DeFi**

We’re thrilled to [announce the launch of PancakeSwapX](https://blog.pancakeswap.finance/articles/introducing-pancake-swap-x-zero-fee-and-gasless-swaps-on-ethereum-and-arbitrum), a brand-new feature that revolutionizes the way you trade! With PancakeSwapX, you can now perform zero-fee and gasless swaps on Ethereum and Arbitrum directly from the PancakeSwap interface.

PancakeSwapX integrates seamlessly with our platform, providing easy access to zero-fee swaps for over 150 tokens during its initial release. By aggregating liquidity from multiple sources, PancakeSwapX ensures you get the best possible execution prices while external liquidity providers cover the gas costs. This means you can trade more efficiently without the worry of high fees eating into your profits.

Future updates will expand support to additional chains and bring you gasless cross-chain swaps. Stay tuned for more exciting developments as we continue to enhance your trading experience on PancakeSwap!

**Q4 Roadmap Revealed**

As we approach the end of 2024, [The Kitchen has unveiled the exciting roadmap for this final quarter of the year](https://x.com/PancakeSwap/status/1841764740491837581). The roadmap highlights the upcoming innovations, improvements, and surprises we have in store for PancakeSwap. To keep our community informed and excited about what's coming, we hosted a live AMA to discuss all the key details. If you missed it, don’t worry! You can catch up by choosing either the [video](https://www.youtube.com/watch?v=ROkjw47-Aa8) or [text format](https://blog.pancakeswap.finance/articles/q4-roadmap-ama-1).

**PancakeSwap Events fever**

The community has been a cornerstone of PancakeSwap’s success from the very beginning. Our global community's unconditional support and love continue to drive us forward. At The Kitchen, we are committed to bringing the PancakeSwap experience to cities worldwide, spreading the joy of rabbits and pancakes so everyone can join in on the fun

In October, we had the pleasure of hosting our first workshop in Abuja, Nigeria](https://x.com/PancakeSwap/status/1846042797855367572), and [sharing pancakes with many adorable cats in Istanbul, Turkey](https://x.com/PancakeSwap/status/1849058058376482980), where smiles, new connections, merch and pancakes filled the day.

This wouldn’t be possible without the incredible efforts of our ambassador team and community, who always go above and beyond. We are incredibly proud of them and grateful for all their hard work! And this is just the beginning… PancakeSwap is on the move! Stay tuned because we’ll be in more cities soon, continuing to share the magic of PancakeSwap.

Thanks for reading! Join us on **[Twitter](https://twitter.com/PancakeSwap)** , **[Telegram](https://t.me/pancakeswap)**, and in our **[Discord](https://discord.gg/pancakeswap)** community!

*The Chefs* 🥞

PancakeSwap October Recap 2024

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

# **PancakeSwap September Recap 2024**

## **Data Recap**

### **PancakeSwap**

- Total Value Locked (TVL): 2.05B
- Total Volume: $19.2B
- Average Daily Volume: $638.5M
- Unique Traders: 2.1M
- Unique Onsite Users: 1.9
- veCAKE - Total CAKE Locked: 88,793,490
- veCAKE - AVG Lockup Period: 62 (Weeks)

### **CAKE Token**

- Total burned: 45.0M CAKE ($82.2M)
- Monthly Net Mint: -614,977 CAKE
- % of Supply Burned: -0.16%
- N° of holders: 1,772,335 (MoM +1.01%)

_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 September**

**Monthly Burn Report**

![sep burn recap.jpg](https://sgp1.digitaloceanspaces.com/strapi.space/dfd30cc18c8256650b4017bbabc5abf3.jpg)

In our commitment to achieving the Ultrasound CAKE, September marks the 13th consecutive month of reducing the total supply of CAKE, with a Net Mint of -614,977 CAKE, bringing the cumulative net reduction to 4,908,239 CAKE!

**PancakeSwap Prediction Telegram  Bot**

PancakeSwap marked its fourth anniversary with an exciting new feature: launching our [first-ever Prediction Telegram Bot](https://blog.pancakeswap.finance/articles/pancake-swap-celebrates-4th-birthday-with-first-ever-prediction-telegram-bot-and-4-444-in-rewards) for BNB predictions. This innovative bot lets users make quick predictions directly through Telegram, each round lasting just 5 minutes.

To celebrate this milestone, we hosted a giveaway of $4,444 in rewards, exclusively for those making predictions via the bot. Currently in beta, the bot is accessible [through a direct link](https://t.me/pancakefi_bot),

**Eigenpie IFO**

In September, we launched our first-ever Initial Farm Offering (IFO) on Arbitrum, featuring EigenPie—and what an IFO it was! With over $15M committed in just 24 hours, both PancakeSwap users and veCAKE holders had the opportunity to gain early access through our Basic and Public Sales. EigenPie, a SubDAO developed by Magpie, offers Isolated Liquid Restaking services built on the powerful infrastructure of EigenLayer.

**PancakeSwap v4: Hackathon with Brevis!**

In September, we teamed up with Brevis to host [the first-ever v4 Hookathon](https://blog.pancakeswap.finance/articles/announcing-the-v4-hookathon-pancake-swap-x-brevis-hackathon) as part of our [$500K Developer Program](https://blog.pancakeswap.finance/articles/introducing-pancake-swap-s-500-k-developer-program-and-cake-emissions-grant-program?utm_source=developerprogramtweet&utm_medium=tweet&utm_campaign=developerprogramtweet&utm_id=developerprogram). This hackathon invited developers to create innovative hooks using the Brevis ZK-Coprocessor, pushing the boundaries of what’s possible in PancakeSwap v4.

With a prize pool of $40,000, participants competed to build groundbreaking solutions that enhance the platform’s functionality, such as dynamic fee structures, liquidity management tools, and exclusive-access pools. The v4 Hookathon marks another step toward the official v4 launch, showcasing the creativity and technical excellence of the developer community.

We’ve just announced the [top 14 finalists of the PancakeSwap v4 Hookathon](https://blog.pancakeswap.finance/articles/announcing-the-top-14-finalists-of-the-pancake-swap-v4-hookathon), tune in our socials to discover the winners!

**Introducing KyberZap on PancakeSwap**

We’ve been making improvements regarding Liquidity Provisioning. We introduced the [Zap function](https://docs.pancakeswap.finance/products/pancakeswap-exchange/zap), which integrates with Kyberswap. Adding liquidity is even easier for our users right now.

With Zap, you can provide V3 liquidity using just one of the tokens from the liquidity pool—no need to manually balance pairs. Simply set your desired price range, select the amount to provide, and execute. The feature will automatically trade your tokens most efficiently to form a balanced liquidity position with minimal price impact and slippage. Currently, Zap is available with all v3 pairs on BNB Chain and 20+ selected pairs for Ethereum and Arbitrum.

**New Fiat-on ramp Provider**

[We’ve integrated with Topper](https://blog.pancakeswap.finance/articles/pancake-swap-integrates-with-topper-to-expand-crypto-access), a Web3 infrastructure provider.  With this new integration, users can now buy crypto using credit cards, debit cards, Apple Pay, or Google Pay, and access a broader range of tokens like BNB, CAKE, and BTC.

To celebrate, we offered new Topper users 0% provider fees on their first purchase through PancakeSwap for a limited two-week period.

Thanks for reading!

*The Chefs* 🥞