Hey PancakeSwap Community! 🥞

Exciting news! We have teamed up with Binance Earn to offer Simple Staking! You can easily stake popular tokens such as CAKE, USDC, USDT, and DOT and earn rewards. Our goal at PancakeSwap is to provide a one-stop DeFi platform that's user-friendly and innovative for the DeFi space. Simple Staking is a step in that direction, allowing you to earn rewards easily. 

**What is Simple Staking?**

Instead of the usual staking in Farms and liquidity pools with pairs of assets, Simple staking allows you to earn rewards by staking a single type of asset. This simplifies the staking process for you.

Simple Staking offers a variety of popular tokens to earn rewards. As we expand this feature, you’ll have more options to choose from your favorite tokens.

**Benefits of Simple Staking:**

**1. No Impermanent Loss:** Unlike AMMs, you won’t face impermanent loss because you’re staking only one token, not a pair. 

**2. Hassle-Free Staking:** No need to manage different positions or move tokens around as with other yield Farming methods. 

**3. Daily Accrual:** You'll earn rewards daily based on the APR rate, and you can claim them at the end of the staking period. The longer you commit to staking, the higher your APR.

**4. APR boost with CAKE staking:** Staking CAKE in our fixed-term pool will boost APR rates, increasing your Simple Staking rewards. For more information on Boosted APR, please visit the **[FAQ section](https://docs.pancakeswap.finance/products/simple-staking/faq)**.

**Step By Step Guide to start Simple Staking**

**1. Select a [Staking Pool](https://pancakeswap.finance/simple-staking) -** We offer 3 pools for each token, with durations of 30, 60, and 90 days. Stablecoins such as USDC or USDT are available for 30-day pools. Longer lock-ins yield higher daily rewards but come with an early withdrawal penalty.

![1.webp](https://sgp1.digitaloceanspaces.com/strapi.space/3d8cf927feb3856a88385627c44bdbb1.webp)

**2. Deposit Tokens -** Choose the amount to deposit into the staking pool, with a minimum amount depending on the token. You'll enjoy a CAKE boost if you've staked over 100 CAKE in the CAKE Syrup Pool.

![2.webp](https://sgp1.digitaloceanspaces.com/strapi.space/86c857ccac77517f24abe5894be7227c.webp)

**3. Confirm and Stake token -** Confirm your details and stake your tokens. You'll receive a notification once your stake is successful.

![3.png](https://sgp1.digitaloceanspaces.com/strapi.space/c44bc69e35730192eb05745f93e31288.png)

**4. Earning Rewards -** Daily rewards will accrue. Click the info button for more details.

![4.webp](https://sgp1.digitaloceanspaces.com/strapi.space/9396234e09acaabd0c969883a5307ef0.webp)

**5. Claim/Restake/Unstake -** When the staking period ends, you can claim rewards or unstake your tokens by clicking the "Claim" button.

![5.png](https://sgp1.digitaloceanspaces.com/strapi.space/e95be4a0c13dcb86657b4b95d064f2ea.png)

**How are rewards calculated?**

Your tokens will earn daily rewards based on the daily APR rate for the lock period, calculated as follows: 

  Rewards = Deposited Assets * APR/365 (rounded down to 8 decimal places)

The staking rewards are distributed daily from 12:00 UTC on the day after you deposit into the staking pool until the end of the staking period. For example, if a user stakes 1000 CAKE in the 90D pool on 30 Sep 2023 at 14:00 UTC, the first reward will be distributed on 1 Oct 2023 at 12:00 UTC, and the last reward will be distributed on 3 Feb 2024 at 12:00 UTC. All the daily distributed rewards can only be claimed after the end of the staking reward.

Do note that APR is subject to changes daily. The estimated rewards shown at the start of the locked staking period may differ slightly from the actual rewards generated.

**What’s next for Simple Staking?**

We are excited to see Simple Staking making it simpler than ever to stake your crypto. We plan to expand it to more popular tokens and other chains shortly. 

The Chefs are committed to continuously enhancing the platform with innovative features and products that align with the rapidly evolving DeFi landscape.

Check out the doc to learn more about PancakeSwap Simple Staking: https://docs.pancakeswap.finance/products/simple-staking/how-to-start-simple-staking

Stay tuned for more updates on Simple Staking from the kitchen, and thank you for being a part of our amazing community!

Stack’em
The Chef’s

Exciting news! We have teamed up with Binance Earn to offer Simple Staking! 

PancakeSwap has teamed up with Binance Earn to offer Simple Staking

The PancakeSwap Swap Bot is an innovative way to experience the simplicity and power of decentralized swapping directly through Telegram. Designed to be just as efficient as our web version, the bot offers a streamlined, mobile-friendly experience for placing swaps without requiring additional apps or complicated steps. Here’s your guide to getting started and executing your first swap on the PancakeSwap Swap Bot.


## __Accessing the PancakeSwap Swap Bot__

At its initial launch, the Swap Bot won’t be available in the Telegram app store. Instead, you’ll need to use a direct web link or interact with the bot to access its features. The bot is in beta, so you may see ongoing improvements as we perfect the user experience. 
 
___PancakeSwap Swap Bot: [https://t.me/pancakefi_bot](https://t.me/pancakefi_bot)___

To start, open the link provided, or if you’ve already connected with the bot, simply access it through your Telegram app. Once you’re in, the bot interface is designed to look and feel similar to the web app, giving you a familiar way to interact with PancakeSwap’s tools.


## __Step-by-Step Guide to Swapping on the Telegram Bot__

Ready to get started? Here’s how to make your first swap through the Telegram Bot:


### __1. Connect Your Wallet__

First, connect your wallet by tapping the “Connect Wallet” option, typically in the top-right corner of the bot interface. Choose your preferred network and select your wallet type. If you’re using a browser extension wallet, click the wallet icon and follow the on-screen instructions to complete the connection. 
 
![image5.png](https://sgp1.digitaloceanspaces.com/strapi.space/088284758c9d48a4de0a7eaf687eac8c.png)


### __2. Select Tokens and Enter Quantity__

Once connected, you can select the tokens you’d like to swap. Choose the token you want to exchange from the dropdown menu, then input the quantity you’d like to trade. Select the correct tokens and quantity before moving to the next step.

![image3.png](https://sgp1.digitaloceanspaces.com/strapi.space/b2909e3319f58f0b7855608f627ddbbd.png)

#### __3. Review Transaction Details__

After inputting the swap details, take a moment to review all transaction information. Look over each aspect of the transaction to ensure everything aligns with your expectations. The bot ensures a seamless transaction summary, so you’ll have all the key details in front of you.
![image1.png](https://sgp1.digitaloceanspaces.com/strapi.space/073b5ef9ed224e0bcf70a670ae1cc15a.png)


#### __4. Initiate the Swap__

When you’re ready, press __“Swap”__ to proceed. A confirmation prompt will appear for you to double-check your transaction details.


![image2.png](https://sgp1.digitaloceanspaces.com/strapi.space/d66a53ac958a2bdcc78f12b896ec2e11.png)


#### __5. Confirm the Swap__

Once you’ve reviewed all the transaction information, click “Confirm Swap.” You must confirm the transaction using your connected wallet extension at this stage. Once you approve it, your swap is complete.


![image4.png](https://sgp1.digitaloceanspaces.com/strapi.space/362f0890a55977580f9078bb90d1b161.png)




## __Why Use the PancakeSwap Swap Bot?__

The PancakeSwap Swap Bot is an efficient tool for users who want the freedom to swap tokens directly from their favorite messenger app without moving to another interface.  It provides the same decentralized, trustless experience as our web app, with the added convenience of Telegram. Whether you’re out and about or prefer mobile trading, the Swap Telegram Bot is an excellent alternative to traditional platforms.

### **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)**


. Here’s your guide to getting started and executing your first swap on the PancakeSwap Swap Bot.

How to Swap on 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

PancakeSwapX elevates your trading experience with gasless swaps, liquidity aggregation for better execution prices, minimal slippage, and zero PancakeswapX trading fees on over 150 tokens for a limited period at launch. Starting on Ethereum and Arbitrum, PancakeSwapX locates efficient execution and seamless trading across these networks. Let’s dive into your essential guide for onboarding with PancakeSwapX. 


## **View the List of Tokens Supported by PancakeSwapX on Ethereum and Arbitrum at Launch:**

Explore the lists below to discover the available tokens, including popular ones like ETH, ARB, USDC, USDT, DAI, BTC, LINK, STG, and ZRO—all available from the start. For the complete list, simply head to "Manage Tokens" on the PancakeSwap Swap page. And stay tuned—more tokens are coming soon!

 
**Token List On Ethereum**

[https://tokenlists.org/token-list?url=https://tokens.pancakeswap.finance/pancakeswap-eth-mm.json](https://tokenlists.org/token-list?url=https://tokens.pancakeswap.finance/pancakeswap-eth-mm.json) 

**Token List On Arbitrum**

[https://tokenlists.org/token-list?url=https://tokens.pancakeswap.finance/pancakeswap-arb-mm.json](https://tokenlists.org/token-list?url=https://tokens.pancakeswap.finance/pancakeswap-arb-mm.json) 

## **Step-by-Step Guide: How to Make Your First Trade on PancakeSwapX**


## 1. **Check PancakeSwapX Settings**

1.1 Visit Swap page on Ethereum or Arbitrum PancakeSwap. Open the settings modal by clicking the settings icon on the Swap page. 

![image13.png](https://sgp1.digitaloceanspaces.com/strapi.space/dd4a2e6dc015ab6fa00f06a2a038754f.png)

1.2 Select *Customize Routing* to view routing preferences.

![image9.png](https://sgp1.digitaloceanspaces.com/strapi.space/b1ead379bd17989a0dd2fad1a1537521.png)

1.3 Check that the PancakeSwapX switch is on for trade routes

![image7.png](https://sgp1.digitaloceanspaces.com/strapi.space/483525d4aae034b86e8dc524f6e55950.png)

Once confirmed, return to the main Swap page. If PancakeSwapX locates a better execution price, PancakeSwap will automatically route your trade there. In the Route section, you'll see an indicator showing zero PancakeSwapX trading fees.

*Note: PancakeSwapX availability depends on the input/output tokens, trade size, and network. If PancakeSwapX is active, it will be highlighted in the **Route** section. If PancakeSwapX is unavailable, the swap will be routed through standard AMM liquidity pools, and *standard PancakeSwap fees will apply. Be sure to verify the fee structure before confirming your trade. 


## 2. **Submit an Order**

**2.1** Click **Swap** to initiate your trade.

![image4.jpg](https://sgp1.digitaloceanspaces.com/strapi.space/967a5604970d4dd4c60e05878ea73395.jpg)

**2.2** Verify all parameters in the **Confirm Swap** modal. Once confirmed, click **Submit Order**.

![image6.png](https://sgp1.digitaloceanspaces.com/strapi.space/1e5de1c7bc1dc7cf061119d87dd63592.png)

**2.3** Approve the input token if prompted by your wallet

![image10.png](https://sgp1.digitaloceanspaces.com/strapi.space/bb160f672c9eb83cb6f59038a1770c48.png)
*Please note that you can still incur some gas fees for token approvals or wrapping native tokens.*

**2.4** When prompted, simply sign the order in your wallet. No gas fees or on-chain transactions are required at this stage, as the gas cost is already built into the trade price.

![image5.png](https://sgp1.digitaloceanspaces.com/strapi.space/03f1cdde6168f2834501307e22903b9b.png)

**2.5** Monitor the progress bar that appears once the order is submitted. You can view details by clicking **Order** Details or closing the modal while the order fills in the background.

![image16.png](https://sgp1.digitaloceanspaces.com/strapi.space/005948feb81f693ad2c094d1de0cad79.png)


**Note:**
 
*1. PancakeSwapX orders may take up to 2 minutes for external liquidity providers to fill.*

*2. You can still incur some gas fees for token approvals or wrapping native tokens.  It's important to check the final price quotes to confirm.*

## 3. **Track Your Order Status**

**3.1** Click the **History** icon on the swap card to view your list of orders. 

![image2.png](https://sgp1.digitaloceanspaces.com/strapi.space/2d8f513dc93a4cd9e0e6f17c2300ed91.png)

**3.2** Select a specific order to view detailed information on its progress.

Once the order is filled, you’ll see a green check mark, and the purchased tokens will be automatically transferred to your wallet.

![image12.png](https://sgp1.digitaloceanspaces.com/strapi.space/ec93b96649dbfa96a737eb93c17ef94a.png)


**Resubmitting Failed Orders on PancakeSwapX** 

If an order fails, click **"Retry"** to resubmit the swap. Failed or expired PancakeSwapX orders remain off-chain and do not incur any gas costs. If PancakeSwapX does not provide better execution pricing for the resubmission, your order will be routed through standard AMM liquidity pools, and standard PancakeSwap fees will apply. Be sure to verify the fee structure before confirming your trade.

![image1.png](https://sgp1.digitaloceanspaces.com/strapi.space/7e99bfaf71d7d147a55bb9bc0de02ef0.png)


## **Tips for New Traders**

**1. Take Advantage of Zero-Fee Trading at Launch:**

At launch, PancakeSwapX will not charge trading fees for over 150 tokens on Ethereum and Arbitrum for a limited period when your trade is routed through PancakeSwapX. If PancakeSwapX has a better execution price, your trade will be automatically routed there for maximum savings!

If your trade isn't routed to PancakeSwapX, it will be routed through traditional AMM pools, and standard PancakeSwap fees will apply. Therefore, check the fee structure before confirming your trade.

This zero-fee promotion for select pairs is only available for a limited time at launch. After this promotional period, standard PancakeSwapX fees may apply. Any future adjustments to fees will be communicated in advance.


**2. Avoid the Hassle of Native Gas Tokens**

With PancakeSwapX, you won’t need to hold multiple native gas tokens just to complete your trades. Instead, gas fees are seamlessly built into the trade price, so you won’t pay them separately. External liquidity providers cover the gas costs and include them in the swap price. For new users, double-check the total swap amount and confirm that you’re comfortable with the final trade price before proceeding.


**3. Shield Your Trades from Bot Attacks**

PancakeSwapX’s built-in MEV protection safeguards your trades from front-running and sandwich attacks. By signing off-chain orders, your transactions stay hidden until execution, preventing bots from interfering with your trades. Always monitor your order status, and if needed, retry failed orders—all while staying protected and avoiding extra gas costs.

Following the steps outlined in this guide, you'll be well-equipped to navigate the PancakeSwapX ecosystem and enhance your trading experience. Welcome to the future of decentralized trading—let’s explore the possibilities together.


#### **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)

PancakeSwapX elevates your trading experience with gasless swaps, liquidity aggregation for better execution prices, minimal slippage, and zero PancakeswapX trading fees on over 150 tokens for a limited period at launch.

 Getting Started with PancakeSwapX: A Beginner’s Guide

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

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

#### Eigenpie IFO Details:

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

#### What is Eigenpie?

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

#### What is EGP?

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


1\. Governance: Participate in the governance of Eigenpie

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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


#### Important Reminder

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

#### Restrictions

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

#### Have more Questions?

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





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

PancakeSwap Launches First IFO on Arbitrum Featuring Eigenpie

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

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

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

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

#### How to Connect Your Wallet?

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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