According to Odaily, PancakeSwap, a decentralized exchange, has announced plans to reimburse Uniswap users who have paid high interface fees on its competitor's platform. The reimbursement could amount to as much as $8 million. From May 16 to August 15, cryptocurrency traders who match their Uniswap v3 trading volume 1:1 on PancakeSwap v3 will receive a full refund of the Uniswap interface fees. This compensation initiative comes after Uniswap increased its interface fees from 0.15% to 0.25% in April.
PancakeSwap Plans To Reimburse Uniswap Users Up To $8 Million
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