PancakeSwap: Evolution to Multi-Chain DeFi Platform

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The chapter explores PancakeSwap's progression to a multi-chain DeFi platform through V3 upgrades and upcoming V4 improvements. It discusses addressing impermanent loss, enhancing liquidity provision, and the importance of being multi-chain in the evolving crypto landscape. The conversation also touches on the competitive landscape, the necessity for customizability for liquidity providers, and the adoption of features from centralized exchanges in decentralized platforms.

In today's interview we are joined by Head Chef of Pancakeswap, Mochi to dive deep into the upcoming PancakeSwap V4 upgrade. They discuss V4's modular three-layer architecture, which includes the accounting layer, AMM layer, and custom layer, enabling developers to create highly customizable liquidity pools and execute complex trading strategies through hooks. Chef Mochi shares insights on PancakeSwap's multi-chain expansion strategy, deflationary tokenomics designed to solve LP profitability issues, and the protocol's vision to evolve from a DEX into a comprehensive DeFi platform. Stick around for all of this and much more!

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Timestamps:

(0:00) Introduction

(1:34) PancakeSwap's Journey

(8:41) PancakeSwap V4 Layers

(18:48) PancakeSwap Crosschain Decision

(21:13) Wormhole Ad

(21:51) Permissionless Forking & DEX Innovcation

(35:56) DEX Endgame

(48:39) CAKE Tokenomics

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Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.