On Tuesday, the PancakeSwap team announced via a blog post that PancakeSwap Infinity is now live on the Base blockchain. PancakeSwap Infinity is a major upgrade of the PancakeSwap DEX platform, built to meet the needs of a wide range of DeFi participants.
The upgrade features:
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Dual Pool Types for different liquidity styles
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Customizable, dynamic fees powered by smart contract “Hooks.”
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Gas-saving tech to keep fees low
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Open-source code for builders to innovate freely
Furthermore, BASE liquidity providers can pick from two pool types:
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CLAMM (Concentrated Liquidity AMM): Provide liquidity within a price range, boost capital efficiency, and reduce slippage. Great if you want hands-on control.
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LBAMM (Liquidity Book AMM) offers a simpler experience with zero price impact trades. Liquidity is placed in bins, and trades within each bin happen without changing the price.
PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is up 2.2% today and is currently trading at $2.821.