Hello PancakeSwap Community,

The launch of ApolloX v2 brings exciting news for PancakeSwap’s Perpetual Trading platform, which was developed in partnership with ApolloX. With ApolloX v2 going fully on-chain, PancakeSwap’s Perpetual Trading is now more transparent and secure, providing users with a seamless trading experience. To celebrate this launch with our community, we’re happy to announce that we are giving away USD $20 in CAKE each day to 25 randomly selected lucky perpetual traders for the coming next 10 days! That’s a lot of lucky winners! Read on to learn about how the ApolloX v2 upgrade makes PancakeSwap perps the most perf!

One of the biggest changes for PancakeSwap users is that they no longer need to trace the order book. Our partners ApolloX have introduced the ALP pool, which now provides liquidity for all trading pairs, maximizing capital usage. All data is now easily verified on-chain, enabling users to open long or short positions on PancakeSwap’s Perpetuals Trading with up to 50x leverage. The platform offers zero-slippage BTCUSD, ETHUSD, and BNBUSD contracts with competitive fees compared to similar products in the market. Initially v2 perpetuals will feature 5 major trading contracts, with more contracts gradually rolling out.

Users can still continue to trade on the V1 platform, and positions will not be affected. To learn more on how to get started with PancakeSwap’s Perpetuals Trading, please visit our how-to guide on Perpetuals.

For all users, there’s never been a better time to participate in PancakeSwap’s Perpetuals Trading platform because… drumroll we’re celebrating the launch of ApolloX v2 with a huge 10-day long giveaway campaign! Don’t miss out on this opportunity to join the fun!

To celebrate the launch of PancakeSwap Perpetuals v2 with ApolloX, we are giving away USD $20 in CAKE each day to 25 randomly selected lucky winners for the coming next 10 days!

Details:

• Campaign period: 21 April 2023, 12:00 UTC to 1 May 2023, 23:59 UTC
• Requirement: users must meet the minimum requirement of USD $5,000 in daily trading volume on Perpetuals v2 to be eligible for the daily random draw.
• Please note that leveraged trades do count towards the volume requirement! For example: you can trade USD $100 at 50x leverage, or USD $10 at 50x ten times in order to qualify (daily trading volume includes total volume of position thus leveraged trades are counted).
• Random draw: 25 winners will be randomly drawn each day

For more information, please review our terms & conditions below.

Terms & Conditions

• Only participants who meet all the requirements will be eligible to qualify -Users who trade more than USD $5,000 volume on v2 will qualify for daily rewards
• Rewards Distribution: -Daily winners will only be announced upon conclusion of the activity period -Rewards will be distributed to the users’ on-chain wallet address within 30 business days after the end of the activity period.
• The CAKE/USD exchange rate used to administer the campaign will be determined around the time of reward distribution at the sole and absolute discretion of PancakeSwap.
• PancakeSwap reserves the right to disqualify trades that are deemed to be wash trades, displaying attributes of market manipulation, bulk-account registrations to farm additional bonuses or any other attempts at fraud.
• PancakeSwap reserves the right to cancel the campaign or amend the campaign mechanics or rules at any time at our sole discretion.
• In the event of any dispute, PancakeSwap reserves the right to make all final decisions regarding the campaign.

Good luck and happy trading!

On a final note, ApolloX’s commitment to decentralization and transparency in the derivatives ecosystem is exciting news for PancakeSwap users. The kitchen looks forward to providing users with the most seamless and easy-to-use Perpetuals Trading experience!

Stack’em

The Chefs