PancakeSwap Integrates with Monad Testnet

Decentralized exchange (DEX) PancakeSwap has integrated with Monad Testnet, a high-performance blockchain solution focused on efficiency and scalability. This partnership aims to enhance decentralized finance (DeFi) trade execution, reduce costs, and improve liquidity options for DeFi users.

Benefits of Integration

With this strategic integration, PancakeSwap leverages Monad’s fast transaction processing speed, enabling the automatic execution of thousands of transactions with instant settlement. This ensures fast trade execution while minimizing network latency during peak times. Monad’s technology implementation allows PancakeSwap to manage increasing trading volumes without delays, thus enhancing the user experience on the platform.

Industry-Changing Fees

The integration also introduces significant cost reductions, with transaction fees as low as 0.01%. This economical pricing allows traders to operate effectively while benefiting from robust liquidity features. Users can choose between v2 and v3 models for providing liquidity. Model v2 offers fixed fees for predictable returns, while v3 provides concentrated liquidity options.

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