PANCAKESWAP DEPLOYS NEW HOOKS AND FEATURES ON PANCAKESWAP INFINITY
- @PancakeSwap Infinity continues to redefine the DeFi experience with the launch of three exciting Hooks designed to cater to a wide range of needs, empowering users to personalize their experience.
THREE HOOKS AT A GLANCE:
Dynamic Fee Hook:
- The Dynamic Fee Hook, developed by PancakeSwap, adjusts trading fees based on real-time market conditions.
- Fees remain low during stable periods to encourage smooth trading, but rise when volatility spikes, rewarding liquidity providers (LPs) and protecting them from arbitrage exploitation.
- Supported Pairs: BNB-BTCB, BNB-CAKE, CAKE-USDT, BNB-ETH, BNB-USDT, and BNB-USDC, all under CLAMM with a 0.05% fee tier.
VIP Discount Hook:
- The VIP Discount Hook by Brevis introduces a volume-based trading discount. High-frequency traders are rewarded with lower fees the more they trade—promoting deeper liquidity and better APRs for LPs.
-Supported Pairs: USDT-USDC (CLAMM, 0.01%) and ETH-USDT (CLAMM, 0.05%).
Token Holding Fee Discount Hook:
- Another innovation from Brevis is the Token Holding Fee Discount Hook, which grants fee reductions to users who hold specific tokens, such as CAKE.
- The system calculates discounts based on the average balance held over time, promoting long-term holding and platform loyalty.
- Supported Pairs: CAKE-USDT (CLAMM, 0.25%), BNB-USDT (LBAMM, 0.05%), BTCB-BNB (CLAMM, 0.05%), and CAKE-BNB (CLAMM, 0.25%).
- All Hooks are now available on the PancakeSwap Infinity Pools page. Liquidity providers can opt into these pools to benefit from each Hook’s unique performance-boosting features. On the other hand, traders can enjoy smarter fees and rewards tied directly to their behavior.
Images obtained from PancakeSwap