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Expansion of PancakeSwap to the zkSync Era blockchain; Details

Fast Take
  • PancakeSwap (CAKE) announced on July 27 its expansion to the zkSync Era blockchain
  • zkSync Era Island tasks will run for seven weeks
  • PancakeSwap integration with zkSync Era brings scalability, efficiency and cost-effectiveness
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The decentralized exchange PancakeSwap (CAKE) announced on July 27 its expansion to the zkSync Era blockchain. At the website oficial, the exchange reported that zkSync Era island tasks will run for seven weeks, starting on July 27 at 13:00 UTC and ending on September 14 at 13:00 UTC.

 

According to official statement, PancakeSwap's integration with zkSync Era empowers users with unparalleled scalability, efficiency, and cost-effectiveness.

"Built on cutting-edge zkRollup technology, zkSync Era delivers lightning-fast transaction speeds and significantly reduces gas fees, ensuring a seamless trading experience for our community."

PancakeSwap highlighted that as the popularity of ZK rollups increases and users and builders increasingly look to L2 solutions, the exchange is excited to give users and developers even more reasons to build and trade on DEX.

“By leveraging Layer 2 scaling solutions, we have paved the way for mass adoption of DeFi,” he added.

O PancakeSwap v3, the latest version of our decentralized exchange (DEX), is now available on multiple chains including zkSync Era, Polygon zkEVM, BNB Chain and Ethereum. PancakeSwap v3 brings a number of benefits and improvements that enhance the trading process and liquidity provision.

Disclaimer: The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.
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