{"id":60420,"date":"2023-09-28T18:30:02","date_gmt":"2023-09-28T22:30:02","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=60420"},"modified":"2023-09-28T18:30:46","modified_gmt":"2023-09-28T22:30:46","slug":"pancakeswap-v3-launches-on-opbnb","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/pancakeswap-v3-launches-on-opbnb\/","title":{"rendered":"PancakeSwap v3 Launches on opBNB"},"content":{"rendered":"\n

Decentralized exchange PancakeSwap<\/a> v3 has been launched on opBNB, a layer-2 scalability solution for the BNB Chain. <\/p>\n\n\n\n

\"PancakeSwap
PancakeSwap v3 Launches on opBNB<\/figcaption><\/figure>\n\n\n\n

Reduced gas costs and improved capital efficiency are the two goals of the launch. PancakeSwap currently has six layer-2 solutions deployed across several mainnets thanks to its opBNB launch, including off-chain scaling options for Ethereum.<\/p>\n\n\n\n

With 4,000 transactions per second (TPS), OpBNB can support a wide range of operations, including gambling, decentralized exchanges (DEXes), regular transfers, and even non-fungible tokens <\/a>(NFTs). Senior Solution Architect at BNB Chain, Arno Bauer, said:<\/p>\n\n\n\n

\n

“BNB Chain is delighted to welcome PancakeSwap v3 to its layer-2 scaling solution, opBNB. Combining the power of PancakeSwap with opBNB's low fees, high throughput, and scalable infrastructure, this integration paves the way for a new era of DeFi accessibility and functionality.”<\/p>\n<\/blockquote>\n\n\n\n

When users perform activities on Galxe, a web3 credential data network, PancakeSwap revealed that users can obtain exclusive NFTs via token swaps on v3 opBNB during the launch.<\/p>\n\n\n\n

It is yet to be discovered whether the owners of these digital collectibles would have any trade advantages on PancakeSwap v3. PancakeSwap supports Base, a layer 2 scaling network<\/a> for Ethereum (ETH), which Coinbase, a cryptocurrency exchange, incubated.<\/p>\n\n\n\n

This connection initially only supports functions for swapping and liquidity provision. To allow users to stake liquidity provider\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> (LP) tokens in exchange for PancakeSwap's native CAKE tokens, the project also intends to introduce the farming feature.<\/p>\n","protected":false},"excerpt":{"rendered":"

Decentralized exchange PancakeSwap v3 has been launched on opBNB, a layer-2 scalability solution for the BNB Chain. Reduced gas costs and improved capital efficiency are the two goals of the launch. PancakeSwap currently has six layer-2 solutions deployed across several mainnets thanks to its opBNB launch, including off-chain scaling options for Ethereum. With 4,000 transactions […]<\/p>\n","protected":false},"author":43,"featured_media":60422,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[16583,16582],"class_list":["post-60420","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-opbnb","tag-pancakeswap-v3"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/09\/croc_1695933866405.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/60420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=60420"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/60420\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/60422"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=60420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=60420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=60420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}