PancakeSwap June Recap 2023
Community
Chef’s choice
2023-07-03

Data Recap

Overall

  • Total Volume: 9B$
  • Average Daily Volume: $300.8M
  • Unique Traders: 1.8M
  • Unique Onsite Users: 2.8M
  • Mini Program — Onsite Users: 124K
  • Mini Program — Average Daily Users: 4.1k
  • Pancake Protectors — Average Daily Users: 17.7K
  • Pancake Protectors — Total CAKE Burned: 157K CAKE ($200K)
  • 5 CAKE Staker Reward Pools (Syrup + Boost)

CAKE

  • Total burned: 33.9M CAKE ($51M)
  • Bought back from the market to burn: $2.4M
  • Effective CAKE Emission Rate: 4.00 CAKE/Block
  • Number of holders: 1,412,999 (MoM 1.93%)

*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 June

Multichain Expansion: Landing on Linea & Polygon zkEVM

The PancakeSwap’s multichain expansion continues with an exciting breakthrough into Linea Testnet and Polygon zkEVM. These new additions offer unprecedented opportunities for scalability and interoperability in the blockchain ecosystem.

Landing on Linea establishes a bridge to a high-performance network with fast transactions and low fees.

Linea Voyage.jpeg

Linea is currently in a Testnet stage, but don’t worry. We have joined Linea Voyage’s DeFi Week on Galxe as a testnet ecosystem partner! So while we wait until the Mainnet launch, you can now complete tasks on PancakeSwap V3 to earn points toward a celebratory Linea NFT!

🚀Join Linea’s epic DeFi Week here: bit.ly/PancakeSwap-LineaVoyage

📑More details in our blog here: bit.ly/3CJHKUu

Furthermore, the integration with Polygon zkEVM provides a secure and efficient environment for bridging tokens through zero-knowledge scaling technology.

Polygon zkEVM Launch.jpeg

We have officially launched Swap and Liquidity Provision functionalities to all our vibrant communities. This deployment on PancakeSwap v3 brings lower trading fees, increased fee returns for liquidity providers, and improved capital efficiency, making us the industry's most efficient and user-friendly DEX.

📚 Learn How to bridge tokens to Polygon zkEVM and start your journey now: Link to bridge article

With this expansion, the PancakeSwap ecosystem becomes more interconnected, enabling seamless trading experiences and fostering the growth of our all-in-one platform.

Traverse the treasury Islands

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We're excited to start our "Traverse the Treasure Islands Campaign'' on Galxe, marking a key step in our journey towards multichain expansion. Our first destination? The Polygon zkEVM island sets the stage for this adventure.

🔍 Start your adventure here with our Polygon zkEVM launch blog: https://bit.ly/3raVipt and get all the campaign details on our announcement page: https://bit.ly/3PCoH6i. Plus, this article will show you how to breeze through all the Galxe tasks in just a few minutes! 💨

The campaign, running from June 29 to August 17, offers a series of fun tasks about Polygon zkEVM on Galxe. Participants can earn points and unlock exclusive NFTs! 🎉

🚀 Quick Access to Galxe Campaign Page: https://galxe.com/PancakeSwap/campaign/GCJ7ZUWTKU

Fiat On-Ramp Integration: Expanding access for millions of users

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PancakeSwap introduces the ability to purchase your favourite tokens using a credit card, debit card or bank transfer. Integrating on-ramp services into our platform aims to provide users with a seamless and convenient way to purchase cryptocurrencies using fiat currencies. Using our on-ramp quote interface, users can choose between different providers and get the best rates in Web3.

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The integration and quote system offers several key benefits for our users:

  • Easy Purchase of Cryptocurrencies
  • Wide Range of Supported Currencies and Regions
  • Multiple Payment Methods
  • Secure and Compliant
  • Transparent Fee Structure

For this, we have teamed up with two strategic partners, Moonpay & Mercuryo.

🔀 Trade with ease now: https://pancakeswap.finance/buy-crypto

📚 Learn More about Mercuryo Integration: https://blog.pancakeswap.finance/articles/expanding-access-for-1-5-million-active-users-pancake-swap-and-mercuryo-unlock-fiat-options-for-wider-crypto-adoption

📚 Learn More about Moonpay Integration: https://blog.pancakeswap.finance/articles/pancake-swap-partners-with-moon-pay-to-expand-global-fiat-adoption-and-access-to-cryptocurrencies

Introducing bCAKE for v3 Farm!

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🥞 Introducing bCAKE for v3 Farm! Boost multiple farming positions simultaneously and discover a broader range of available Farms with bCAKE!

Boost your farming positions by locking CAKE in the fixed-term staking pool.

bCAKE - Farm Booster, is an automatically generated boost multiplier that allows you to boost your CAKE yield from selected farms up to 2x, taking full advantage of combining fixed-term CAKE staking and liquidity yield farming.

🚜 Start farming now and stack up with bCAKE v3! 👉 https://pancakeswap.finance/farms 📹 Any doubts? Check out our bCAKE video tutorial here 👉https://bit.ly/3DiaGTX

Affiliate Challenge

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We are thrilled to announce an exciting opportunity for PancakeSwap affiliates! Introducing the Affiliate Challenge Campaign, designed to take your affiliate journey to new heights. Here's what you need to know:

1️⃣ Set ambitious goals and unlock additional rewards as you reach higher milestones. 2️⃣ Take the lead on the Affiliate leaderboard by boosting your trading volume. 3️⃣ Showcase your creativity by creating engaging content on PancakeSwap.

This campaign will run from June 15 to July 15, 2023, giving you a whole month to make your mark. By participating, you'll not only earn commissions but also play a crucial role in empowering DeFi and expanding its accessibility through your network.

Don't miss out on this opportunity to join our Affiliate Program and be part of the action. Let's soar together and achieve remarkable success! 🌟

📚 Learn more about the campaign: https://blog.pancakeswap.finance/articles/unlock-10-000-rewards-and-empower-de-fi-with-pancake-swap-s-affiliate-program

🥞 Sign Up for the Affiliate Program: https://pancakeswap.finance/affiliates-program

MM Integration: Arbitrum

MM Integration.jpeg

Through our Market Maker (MM) integration, we've partnered with Market Makers to provide liquidity for ARB (BEP 20) on the BNB Chain.

🔀 You can trade ARB (BEP 20) on the BNB Chain without needing bridges or incentivized liquidity pools.

👀 What's the best part? These trades come with zero slippage, ensuring seamless execution of your transactions. By enabling an all-BNB Chain trading experience for ARB (BEP 20), we're simplifying the process and enhancing liquidity without relying on liquidity mining incentivization.

💱 Trade ARB (BEP 20) with ease https://pancakeswap.finance/swap

📚 Learn More https://blog.pancakeswap.finance/articles/pancake-swap-partners-with-celer-network-to-bridge-arb-token-for-zero-slippage-trades-on-bnb-chain

Farm Auctions are back

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We understand you've been eagerly waiting for the return of the Farm Auctions. Your wait is now over!

Farm Auctions offer project teams a powerful method to enhance token liquidity, amplify trading volume, and attract organic traffic and users. By placing a bid with an adequate amount of CAKE tokens, projects can earn an incentivized Community Farm on PancakeSwap.

With auctions number #34 and #35 we end the month with three new pairs for all users to farm and win CAKE…and 40,570 CAKE were burned, helping our anti-inflationary mission 🔥🔥

New Farms

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As part of our dedication to fostering the growth of the DeFi ecosystem, we are thrilled to unveil seven new farms on PancakeSwap v3, accessible on both the BNB Chain and Ethereum. These farms provide users with an expanded array of opportunities to engage in yield farming and reap rewards. With a wide selection of farming options available, users can optimize their earnings and experiment with various strategies. Don't wait any longer, start farming today, and unlock the limitless potential of PancakeSwap v3! 🌱💰

New Pools

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In June, PancakeSwap unveiled seven thrilling Syrup Pools, presenting users with exclusive ways to earn CAKE.

The process is as simple as depositing CAKE and watching your token balance grow. With each passing moment, the rewards accumulate, allowing you to maximize your earning potential.

Don't miss out on these exciting opportunities! Dive into our Syrup Pools today and start earning.

Emission Changes

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In June, our Chefs worked hard to adjust emissions, aiming to provide the best value to our community. Simultaneously, we made significant progress towards our goal of Ultrasound CAKE.

Farms 🔼 Ethereum: Increase v3 Farms emission cap to enable more high-impact and strategic partnerships. Link: https://pancakeswap.finance/voting/proposal/0x41b146358f7c9fabf546e899a28df540bea1c74df57a5b27921444ba5057a15a

↘️Aptos: Reducing Aptos Farm Emissions to 0.04 CAKE/block.Link: https://pancakeswap.finance/voting/proposal/0x1e04e6ab7940d2b267db7e319af657b96595d1fa5d72ce3df394e5ca4f853d11?chain=bsc

↘️BSC: Reducing v3 BNB Farm Emissions from 0.75 to 0.74 CAKE/block. Link: https://pancakeswap.finance/voting/proposal/0x1e04e6ab7940d2b267db7e319af657b96595d1fa5d72ce3df394e5ca4f853d11?chain=bsc

↘️BSC: Reducing v3 BNB Farm Emissions from 0.73 to 0.715 CAKE/block. Link: https://pancakeswap.finance/voting/proposal/0x3a03d3bcaca1cdd2a736378bfa4360d9c49b783a6b5cc0a9ced53873f1e6628d

CAKE Syrup Pool

On our journey towards Ultrasound CAKE, effective CAKE pool emissions have now been cut from 2.5 to 2 CAKE per block, as per the original voting proposal for CAKE tokenomics v2.5.

Check out the proposal here: https://pancakeswap.finance/voting/proposal/0x707643dd2c2b941c7274f26a0362922198912e8549050ae9f2d1d9d71ada04bb

PancakeSwap Protectors: Unleashing a World of Excitement!

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The launch of Pancake Protectors has been a milestone in the history of PancakeSwap. This exciting addition has taken the PancakeSwap experience to new heights, providing our community with a unique opportunity to dive into a world full of excitement and extraordinary rewards.

Three seasons have already passed and the players' enthusiasm is at an all-time high. We have launched the official Pancake Protectors NFT collection on our NFT Marketplace! Now, you can buy and sell Pancake Protectors NFTs, including both Normal and Exclusive variants. These unique NFTs can enhance your in-game characters and are securely stored in your wallets. 🎮

👀 Explore our marketplace at pancakeswap.finance/nfts/collections/0x9F0A9654F84141B02a759Bea02B7Df49AB0CE0a0 and discover the incredible Pancake Protectors NFT collection.

Have you checked how the seasonal lottery works? Every season in Pancake Protectors brings an exciting lottery, offering players a chance to seize extraordinary rewards. What are you waiting for? 👉 https://blog.pancakeswap.finance/articles/pancake-protectors-is-here-discover-the-power-of-cake-and-perks-for-pancake-squads-and-bunnies

Start your adventure now: https://protectors.pancakeswap.finance/

Stay tuned for more exhilarating updates and events as Pancake Protectors continues to revolutionize the gaming experience for our PancakeSwap community! 🎮✨🔥

Trading Reward Program: Introducing Round 2!

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Get ready to ramp up your rewards as we proudly announce the launch of Round 2 of our Trading Reward Program! Now, you can savor an even sweeter deal with our doubled-up rewards scheme.

Let's turn up the heat with a rebate rate that's increased from 5% to 10%! And that's not all - we're also boosting your earnings potential by raising the reward cap from 1% to 5% ! So, if you have 1,000 CAKE locked, prepare to feast on earnings of up to 50 CAKE – which is 5x more than before!

📅Campaign period: 28 Jun 08:00 UTC - 31 July UTC 23:59 UTC

🤩Join the 10% Rebate CAKE Stakers Campaign: https://blog.pancakeswap.finance/articles/trading-reward-program-cake-stakers-round-2-elevate-your-earnings-with-10-trading-rebates-on-popular-pairs-for-cake-stakers

Do you recall our previous Top Traders Reward Round 1?

If you are eligible for both the CAKE Stakers and Top Traders awards, you have the opportunity to register for both campaigns simultaneously. However, please note that at the conclusion of the campaigns, you can only claim the reward from one of the campaigns. So, make sure to choose wisely and select the campaign that offers the most appealing reward for you.

For more information you can check this link 👉https://bit.ly/3CXJCcb

PancakeSwap Trivia

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Are you ready to answer questions about #PancakeSwap and win $25 in USDT? 💸

Each Friday, a question about our products will be shared on Twitter. We will select 10 random participants and award each $25 in $USDT!

Details can be found here 👉 https://blog.pancakeswap.finance/articles/pancakeswap-friday-trivia-boost-your-knowledge-and-win-usdt

Perpetuals v2: New user campaign and milestones reached!

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🚀 Calling all new users to PancakeSwap Perpetuals V2! We have an exciting opportunity for you to earn rewards. A total of 5,000 APX is up for grabs!

To qualify, simply make your first trade of any amount on PancakeSwap Perpetuals V2, powered by ApolloX.

This campaign runs from 21st June 00:00 UTC until we reach 5,000 new users.

Don't miss out! Find more details at: http://bit.ly/3NlQULS

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Chef Mochi in Prague Defi Summit!

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We are delighted to share that the Prague DeFi Summit was a tremendous success! 🎉

The event featured an insightful talk by Chef Mochi, where he discussed the topic of Enhancing the User Experience and PancakeSwap's MultiChain development.

It was an invaluable opportunity for attendees to gain valuable insights and knowledge about PancakeSwap's vision for improving user experience and expanding to multiple chains.

PancakeSwap Treasury Hunt

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In our recent event, the PancakeSwap Treasure Hunt, participants had an incredible opportunity to engage in an exciting adventure while having a chance to win amazing prizes.

The treasure hunt consisted of solving 10 challenging clues, completing Galxe tasks, and closely following our Telegram group for exclusive hints and updates.

We would like to extend our congratulations to all the winners who successfully completed the treasure hunt and emerged victorious. Your dedication and perseverance in solving the clues were truly commendable.

PancakeSwap Around the World

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Prepare for an exciting summer adventure with our PancakeSwap Around the World campaign!

Running from 20th June to 11th July, this campaign promises to take you on a global journey while giving you a chance to win amazing prizes.

Do you want to know how to participate? Follow this link 👉https://blog.pancakeswap.finance/articles/participate-in-pancake-swap-around-the-world-snap-and-win-50-usdt

Reel Competition

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🎥 Did you ever think you'd be making reels about bunnies flipping pancakes? Because that's what happened in our Reel competition this month.

Using the hashtag #PancakeSwapv3Reel, the community created amazing reels about PancakeSwap and its products. The best ones shared a $500 USDT prize.

A hearty THANK YOU to all the participants for your incredible creativity and support - it truly made this contest a resounding success!

🌟 But don't hang up on those creative hats just yet! We have many more rewarding campaigns coming up. Follow us on our social media platforms, and stay tuned to join in on the next wave of fun and exciting opportunities!

PancakeTube Party - Showcasing Your Creativity!

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Do you already follow us on Youtube? If not, you're missing out on a lot!

We recently hosted a thrilling event, the #PancakeTubeParty, where participants had the opportunity to unleash their creativity and win exciting prizes! The party lasted for two weeks, with participants showcasing their imaginative skills every Thursday.

Don’t be sad! Stay connected with us on our various social media platforms and be ready to dive into a fresh wave of thrilling and enjoyable opportunities!

📚PancakeSwap Academy

Not everything is about contests and new Pools; at PancakeSwap, we love to educate our users. That's why during June, we released three volumes of PancakeSwap Academy.

In these materials, we provide valuable knowledge and resources to help our users better understand the workings of our platform and the DeFi world in general.

Come in and read:

Ep 6.2 New Features of Perpetuals v2 👉 http://bit.ly/3qn3CSF Ep 6.3 Perpetuals v2 Liquidity Pool 👉http://bit.ly/3XoXs0x Ep 6.4 Perpetuals v2 Fee Structure 👉http://bit.ly/43SiW8A Ep 7.0 Gaming on PancakeSwap 👉 https://bit.ly/3pzdE2V

Stay tuned for more educational content in the future!

Still Cooking - Coming Soon!

We have some exciting plans on the horizon:

Multichain Expansion: Enhancing DeFi Access

After the successful deployment on Polygon zkEVM, the Kitchen aims to expand our reach by deploying PancakeSwap v3 on at least one more blockchain this month. The deployment on Linea testnet has been promising and the kitchen will continue to monitor the opportunity to expand our products to the Linea mainnet in the future. By extending our platform's presence to other chains, we are committed to making DeFi more accessible and inclusive for a broader audience.

Revenue Sharing: A Reward for Loyal Stakers

The kitchen is taking the time needed to ensure we create the best product for you, and we appreciate your understanding. We want to guarantee a robust, secure, seamless experience exceeding your expectations. Inspired by the success of our CAKE staking system, the revenue-sharing program will prioritize long-term stakers. Rest assured, our team is working diligently to finalize and deliver this feature within the upcoming month. This strategy promotes sustained engagement, fostering a more robust and sustainable PancakeSwap ecosystem. Once launched, you can look forward to harvesting your earned revenues monthly and receiving regular rewards for your loyalty. Our core principle is to reward loyalty and align the benefits of staking with the growth of PancakeSwap.

Pancake Protectors: Updates and Enhancements

In the last quarter, we successfully launched our first PvP game, Pancake Protectors. As we go toward Season Four of this game, the kitchen plans to work with the Mobox team closely to enhance the user experience for all gamers. We will continue developing upgrades and enhancements to ensure our users enjoy one of the most thrilling PvP games.

Keep your ears open for upcoming updates and advancements as we remain dedicated to providing the PancakeSwap community with the ultimate decentralized exchange experience.

Still hungry?

Join us on Twitter , Telegram, in our Discord server, or in our growing Reddit community!

Bon appétit!

The Chef's 🐰🥞

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