We are thrilled to announce that PancakeSwap has officially received a grant from Arbitrum to help grow both the PancakeSwap and Arbitrum ecosystems. This milestone is a testament to the strength of our community and the shared vision for DeFi.

On March 2nd, 2024, the kitchen submitted the Long Term Incentives Pilot Program (LTIPP) to the Arbitrum DAO to bring PancakeSwap's innovative products and growth strategies to the Arbitrum ecosystem. You can view the proposal here: PancakeSwap LTIPP Application.

Since then, we have received overwhelming support from our DeFi partners and the Arbitrum community. Wintermute, for example, praised our application, stating, "PancakeSwap’s application was solid and scored well across a lot of criteria. They have a great reputation and a long history of development and growth. They bring some interesting and novel product offerings to Arbitrum under one UI, making it easy for users to access. Their upcoming integrations with Arbitrum-native applications are also a plus."

The LTIPP proposal passed with a staggering 95.8% support via a snapshot on April 16, 2024. You can view the results here: Snapshot Proposal.

Now that we have received the Arbitrum grant, we are excited to announce several initiatives and products to grow both ecosystems together.

Reward Distribution

We have 450,000 ARB rewards to distribute over the next 12 weeks on Arbitrum PancakeSwap:

• 330,000 ARB for v3 liquidity mining
• 60,000 ARB for Stryke options liquidity mining
• 60,000 ARB for Prediction

Here’s how you can earn these rewards:

1. v3 Liquidity Mining:* ARB rewards via Merkl

23. Find the list of eligible pools here: Merkl Pools.
24. Click on your desired pool and then on the PancakeSwapV3 icon to directly seed liquidity with us.
25. After seeding liquidity, stake your LP token on our PancakeSwap Farms page.
26. You can now earn both PancakeSwap Farm and Merkl rewards.
27. Claim CAKE on PancakeSwap, claim ARB on Merkl.

2. Stryke Options Liquidity Mining: ARB rewards via Merkl

31. Find the list of eligible pools here: Merkl Stryke Pools.
32. Click on your desired pool and then the StrykePancakeSwap icon to directly seed liquidity on our Options trading UI.
33. Claim your ARB rewards on Merkl

3. PancakeSwap’s AI-Prediction Market is now live on Arbitrum,

To celebrate this launch, we're running a 9-week campaign with 60,000 ARB rewards:

• Loss Protection with 27,500 ARB: Up to 100% of losses are refunded weekly based on total eligible losses.
• The top 10 users with the highest volume predictions will share a 1,500 ARB reward pool.
• Each week, 10 lucky users who make at least 3 predictions will win 100 ARB each.
• Each week, the top 2 users with the highest net winnings will win 500 ARB.
• At the end of the campaign, an extra 6,000 ARB bonus will be shared among users who participated for at least 6 out of the 10 weeks
• To pariciapte in this campaign and more information please refer to the blog here

We are excited to bring these opportunities to our community and look forward to seeing the positive impact on the PancakeSwap and Arbitrum ecosystems. Stay tuned for more updates!

Stack’em,

The Chef’s