Pancakeswap Introduces Its StableSwap Feature

Twitter icon  •  Published 4 days ago  •  Hassan Maishera

The Pancakeswap team announced via a Medium post on Thursday that it has now launched its StableSwap feature.

The Pancakeswap team announced via a Medium post on Thursday that it has now launched its StableSwap feature. The team said the StableSwap is an implementation of Curve Finance’s AMM on PancakeSwap. With the StableSwap function, the trading slippage is lower than normal AMM. Furthermore, the trading fees are lower compared to the normal AMM as well. 

PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is up by more than 6% today and is currently trading at $4.534.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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