PancakeSwap v3 launches on Ethereum Layer 2 Linea

• PancakeSwap (CAKE) has formally expanded to Ethereum Layer 2 platform Linea.
• The launch of PancakeSwap v3 on Linea comes after a profitable testnet, with customers now capable of entry options reminiscent of superior swaps and liquidity provision.
• PancakeSwap is stay on Ethereum, BNB Chain, Aptos, Arbitrum, Polygon zkEVM and zkSync Period.

PancakeSwap, a decentralised alternate accessible on a number of main networks, has introduced that its v3 is now stay on the Linea mainnet.

In keeping with a weblog submit the Multi-chain DEX platform revealed right now, PancakeSwap v3’s official launch on the Ethereum Layer 2 platform follows its profitable testnet deployment. 

🌟 We have arrived on Linea mainnet! We’re thrilled to share this second with you all. Begin accumulating factors and unlock unique NFTs by finishing duties. Do not miss out on any particulars – observe our easy information! 🚀

Here is how one can get began:
🔗 Join your pockets… pic.twitter.com/oRW6lEJ03b

— PancakeSwap🥞Everybody’s Favourite D3X (@PancakeSwap) August 24, 2023

DeFi involves Linea mainnet

Linea is an EVM-compatible zero-knowledge proofs community developed by Ethereum improvement la ConsenSys. The L2 was beforehand often called ConsenSys zkEVM.

“PancakeSwap v3 on Linea introduces two major options, together with superior Swap and Liquidity Provision functionalities, permitting customers to seamlessly commerce their favorite tokens and take part in liquidity provision straight on our platform,” the PancakeSwap group famous.

PancakeSwap’s rising traction within the decentralised finance (DeFi) house has included growth to a number of blockchains, together with Ethereum, BNB Chain, Aptos, Polygon zkEVM, Arbitrum and zkSync Period. 

Going stay on Linea Mainnet provides to the trouble to convey extra folks into the DeFi house, leveraging the advantages of integration with the Layer 2 scaling answer.

Customers will profit from improved capital effectivity and enhanced buying and selling options reminiscent of multi-tier charge construction. Each merchants and liquidity suppliers can faucet into the PancakeSwap v3 on Linea ecosystem for low buying and selling charges and decrease slippage.

PancakeSwap expects to roll out its farm characteristic on the Linea mainnet inside the subsequent few months, incentivising additional adoption. Customers will earn CAKE after they stake LP tokens. 

CAKE traded at round $1.28 on the time of writing, up roughly 1.2% prior to now 24 hours.