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.
🏝️Discover the wonders of @zksync It was PancakeSwap, our second Treasure Island!
⛵️Earn loyalty points and unlock exclusive NFTs as you sail from island to island.
🌟Join us on this multichain DeFi adventure and rise to the top of the leaderboard: https://t.co/5WFg7okFOe pic.twitter.com/KHL239qaf2
— PancakeSwap🥞Ev3ryone's Favorite D3X (@PancakeSwap) July 27, 2023
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.