Decentralized crypto platform PancakeSwapis Ethereum Layer-2 powered by Consensys lineapublished an announcement about
PancakeSwap said on Thursday that Linea will assist users with lower gas fees, faster transactions and improved capital efficiency. PancakeSwap, which launched Linea, the Consensys-powered Ethereum Layer-2 scaling network, has generated a lot of interest, especially from users.
🐰 PancakeSwap v3 Launches on @LineaBuild ⚪️
🩷 Trade your favorite tokens & enjoy one of the lowest trading fees in the industry
👋 Say hello to enhanced liquidity provider returns and capital efficiency
🌎 Discover the future of DeFi on Linea Mainnet: https://t.co/a90nuUqLAF pic.twitter.com/zQx98u3EzQ— PancakeSwap🥞Everyone's Favorite D3X (@PancakeSwap) August 24, 2023
To be used in various services
PancakeSwap will bring swap and liquidity provisioning features to Linea. Stating that Linea offers various benefits in terms of lower transaction fees, transaction speed and capital, the platform seems to have already created curiosity. Following its swap and liquidity services, PancakeSwap is expected to bring its farm feature to Linea in the coming months.
One of the most notable elements along with Linea, the farm feature, allows users to stake liquidity provider tokens and earn Pancakes (CAKE) while maintaining their position in LP tokens. PancakeSwap is also expected to deploy its first service or IFO platform that provides early access to new tokens to Linea in the coming months.
