PancakeSwap Decentralized Exchange Unveils Version 4 to Make Trading More Efficient
Summary
Decentralized exchange PancakeSwap plans to release version 4 (v4) later this year, introducing four features aimed at making on-chain trading more efficient and cost-effective. The new version will address issues such as inflexible pricing models, lack of centralized exchange-level execution functions, impermanent loss for liquidity providers, and high on-chain gas fees. The four new features will initially be available on the Ethereum and BNB Chain networks in the third quarter. PancakeSwap currently has $2.4 billion worth of tokens locked in liquidity pools and other services and has processed $1.7 billion in trading volumes in the past 24 hours.
