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PancakeSwap Introduces The Position Manager Feature On v3

Twitter icon  •  Published il y a 5 mois  •  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.

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.

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.