[PancakeSwap announces third quarter roadmap: launching V4 and new features]
PancakeSwap has unveiled its roadmap for Q3 2024, with highlights including the launch of PancakeSwap V4. This version will provide a more efficient and user-friendly trading experience and include improved trading features.
Key initiatives in the roadmap include:
1. New trading venue: PancakeSwap V4 will improve trading functions.
2. Web3 task platform: users can complete tasks and receive rewards to increase participation and educational opportunities.
3. Cross-chain veCAKE expansion function: Expand functions to multiple blockchain networks, enhance liquidity and provide more staking opportunities.
4. Game market expansion function: Integrating more games and expanding the influence of the functional game community, the Shadow Realms game was launched in the second quarter.
5. UX/UI transformation: Improve the user interface and experience to make the platform easier to use and intuitive.
6. Double transaction reward plan: users can receive double rewards when trading.
Additionally, PancakeSwap announced a new head chef responsible for the strategic direction and growth of the platform. One of the important proposals was to reduce the maximum supply of CAKE tokens from 750 million to 450 million, which was supported by 97.88% of the community. Last March, PancakeSwap had reduced the maximum supply of CAKE to 450 million.
PancakeSwap has launched an AI-based prediction market on the Arbitrum network, using Allora Network's machine learning model to provide AI-driven price data to help users predict the price trend of Ethereum (ETH) to improve user experience and profitability. .
In August 2023, PancakeSwap joined the Base Layer2 network incubated by Coinbase and the Ethereum Layer2 extended function network Linea to improve the platform's accessibility and user base across different blockchain networks.