PancakeSwap launches on Ethereum layer-2 solution, Base
PancakeSwap, a decentralized exchange (DEX), is launching on Base, an Ethereum(ETH) layer 2 scaling network incubated by Coinbase, according to an update on Aug. 30. Initially, this integration will offer PancakeSwap’s swapping and liquidity provision functions. Following that, an upcoming release will introduce the farming feature, permitting users to stake liquidity provider (LP) tokens in exchange for PancakeSwap’s native CAKE tokens. Importantly, users will retain their positions in the original LP tokens. Base is now PancakeSwap’s eighth platform, highlighting the DEX’s multi-chain strategy. While initially established on BNB Chain, the DEX has deployed on several blockchains, including Ethereum, Aptos (APT), Polygon (MATIC) zkEVM, and others. Ready for a game-changer DEX on Base? Everyone’s favorite DEX is now on @BuildOnBase, bringing ultra-low fees, user-friendly Features and setting the stage for DeFi mass adoption Start your Base journey with us ...