Decentralized exchange (DEX) PancakeSwap has integrated with Monad Testnet, which operates as a high-performance blockchain solution for efficiency and scalability. The partnership joins efforts to provide optimized decentralized finance (DeFi) trade execution along with reduced costs and enhanced liquidity options for DeFi users.
With the strategic integration, PancakeSwap benefits from Monad’s transaction processing speed and automatically executes thousands of transactions, settling transactions instantly. The system ensures fast trade execution and reduced network latency during all busy periods. The implementation of Monad’s technology allows PancakeSwap to handle growing trading volumes without lag, improving the user experience on the platform.
The integration gives the platform industry-changing fees, setting transaction costs as low as 0.01%. The affordable pricing structure allows traders to operate efficiently with powerful liquidity features as an advantage. Models v2 and v3 provide users with options to provide liquidity. Model v2 includes fixed fees for predictable returns, while v3 offers concentrated liquidity.
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