In order to improve liquidity and price, PancakeSwap announced the introduction of Smart Router, a routing mechanism that connects the AMM and StableSwap.

Trading between BUSD and HAY will be supported by StableSwap on PancakeSwap initially; additional pairs and liquidity pools will be added later.

Smart Router may be used to swap stable coins or other pairs of assets with comparable values more effectively while still following the same trading processes. The trade slippage is less with the StableSwap feature compared with regular AMM, and the trading fees are cheaper.

This will reduce slippage and identify the best transaction. To test and further refine the product, The Kitchen will roll out more StableSwap pairings.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Website: coincu.com

Harold

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Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

DeFi

PancakeSwap Launches Smart Router To Execute Trades Across Multiple Pools

In order to improve liquidity and price, PancakeSwap announced the introduction of Smart Router, a routing mechanism that connects the AMM and StableSwap.

Trading between BUSD and HAY will be supported by StableSwap on PancakeSwap initially; additional pairs and liquidity pools will be added later.

Smart Router may be used to swap stable coins or other pairs of assets with comparable values more effectively while still following the same trading processes. The trade slippage is less with the StableSwap feature compared with regular AMM, and the trading fees are cheaper.

This will reduce slippage and identify the best transaction. To test and further refine the product, The Kitchen will roll out more StableSwap pairings.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

Coincu News

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