Hassan Maishera
The Pancakeswap team told its community via a blog post on Monday that The Position Manager Feature is now available on Pancakeswap v3. Pancakeswap has partnered with various protocols to provide users with a range of strategies for optimal LP position management, such as Automated Liquidity Provisioning without ever going out of range and Auto-compounding of Liquidity Provision rewards.
Position Manager is a collaborative integration between PancakeSwap and elite protocol partners, offering a suite of strategies for optimal Liquidity Provision (LP) position management. This means no more manual LP configurations or complex calculations. Users can effortlessly select trading pairs and preferred protocols, executing their strategies through our user-friendly Position Manager interface.
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 1% today and is currently trading at $1.243.
