PancakeSwap Partners with DefiEdge to Launch Position Manager Across BNB Chain, zkSync Era, Arbitrum One, Polygon zkEVM, and Base
Product
2023-12-07

Hello PancakeSwap community,

PancakeSwap is excited to share the news of our latest partnership with DefiEdge! DefiEdge offers a range of LP management options for our users. In this article, we'll walk you through how to apply their Automated Liquidity Optimization (ALO) strategies to various trading pairs, making your liquidity provision on PancakeSwap v3 more straightforward. Now, let's discover how to optimize your earnings according to your risk preference with this advanced strategy.

Moreover, to mark our integration, liquidity providers using the DefiEdge strategy will receive additional CAKE and MATIC rewards for the next two weeks (more details below)! Seize this chance to enhance your returns!

About DefiEdge Vaults

DefiEdge is a permissionless, innovative on-chain asset management protocol designed to revolutionize how liquidity is provided in DEX. By focusing on concentrated liquidity in DEX, DefiEdge provides users with sophisticated tools for managing positions, rebalancing portfolios, monitoring performance, maximizing yield, and streamlining the investment process.

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The Automated Liquidity Optimization (ALO) by DefiEdge is designed to adjust liquidity positions dynamically in response to market fluctuations. ALO bolsters protocol performance and significantly uplifts community yields, its strategic rebalancing of liquidity ranges, driven by market dynamics and technical indicators like support and resistance levels, ensures optimal fee APR and profitability for liquidity providers. ALO stands to transform the DeFi experience by increasing yields, minimizing risks, and simplifying user interactions.

How DefiEdge’s strategies work on PancakeSwap v3

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DefiEdge’s Automated Liquidity Optimization (ALO) strategies consist of multiple ranges within a single strategy. The aim is to maintain a 50-50 position to maximize the active liquidity. The primary range aims for higher concentration, while secondary ranges aim for a balance in the 50-50 distribution of the token pairs of the pool.

The strategy adjusts its ranges based on market volatility and directional trends. The strategy automatically rebalances itself when its trigger is hit for its “Support and Resistance Levels”. It aims to maximize fees while minimizing the strategy's Impermanent Loss (IL). Henceforth providing a truly automated experience to the Liquidity Providers.

How to use Position Manager on PancakeSwap with DefiEdge'’s Strategies:

1. Visit our Position Manager Page. Screenshot 2023-12-08 at 6.36.02 PM.png

2. In this case, we'll choose the pairs marked as "managed by DefiEdge'' to try out their strategies.

3. Once you've chosen the trading pair with its respective strategy, click on the "Add Liquidity" tab. CleanShot 2023-12-07 at 14.51.33@2x.png

4. A dropdown will appear displaying the needed deposit token, info about APR, and the management fee for the strategy provider. Specify the quantity of the single token you wish to deposit and then select "Approve [Token]".

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5: Review the details once more, and then click "Confirm". Screenshot 2023-12-07 at 6.28.40 PM.png

Exclusive Offer: Extra CAKE & MATIC Rewards for Early Birds!

To commemorate the introduction of the DefiEdge strategy, we're delighted to announce a special promotion for our community. From 8th 12:00 UTC to 22th December at 12:00 UTC, those who provide liquidity using DefiEdge’s strategies will get to partake in a reward pool comprising 3,500 CAKE & $500 MATIC. We have organized rewards for several vaults across BNB Chain, zkSync Era, Arbitrum, Polygon zkEVM, and Base.

  • USDT-WBNB 0.05% (BNB Chain) - $1,000 CAKE
  • WBNB-CAKE 0.25% (BNB Chain) - $1,000 CAKE
  • USDC-ETH 0.05% (zkSync Era) - $500 CAKE
  • ARB-ETH 0.05% (Arbitrum One) - $500 CAKE
  • USDC-ETH 0.05% (Polygon zkEVM) - $500 MATIC
  • USDC-USDbC 0.05% (Base) - $500 CAKE

Don't let this amazing two-week window pass by to boost your earn. Get started with the DefiEdge strategy now and reap the rewards!

Enhance Your Experience with PancakeSwap's Position Manager

PancakeSwap's Position Manager is designed to simplify the liquidity provisioning process for LPs, aiming to reduce losses and increase profits. For more details about its features and our collaborations, check out our announcement blog: https://blog.pancakeswap.finance/articles/pancakeswap-rolls-out-the-position-manager-feature-on-v3.

Enjoy! The Chefs

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