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Pancakeswap Submits A New Proposal To Lower The Stableswap Fees

Share on X icon · Published 3 years ago on February 2, 2023 · Hassan Maishera

The Pancakeswap team informed its community members via Twitter on Wednesday that it had submitted a new proposal that seeks to lower the Stableswap fees on Pancakeswao.

Pancakeswap Submits A New Proposal To Lower The Stableswap Fees

The Pancakeswap team informed its community members via Twitter on Wednesday that it had submitted a new proposal that seeks to lower the Stableswap fees on Pancakeswao. The team wants to lower the stableswap fees from 0.15% to 0.01% in order to provide a better trading experience for PancakeSwap users. 

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 7% today and is currently trading at $4.261.

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Hassan Maishera
Hassan Maishera Senior Reporter

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.