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PancakeSwap to offer reimbursement of interface fees for Uniswap users

Exciting News: PancakeSwap Gives Back to Traders!

PancakeSwap has rolled out a fantastic campaign to repay traders for the interface fees they’ve spent on Uniswap from May 16 to Aug. 15.

So, here’s the deal – PancakeSwap is offering refunds to traders who mirror their trading volume on Uniswap v3 with PancakeSwap v3 on a 1:1 basis.

The reimbursement offer comes after Uniswap Labs decided to bump up its interface fee from 0.15% to 0.25% on most swaps back in April. These fees kick in when traders utilize Uniswap’s wallet interface and web app for token swaps.

“Here at PancakeSwap, we aim to provide a direct solution. This campaign not only promises lower fees and better prices but also ensures refunds for any extra fees you’ve paid elsewhere,” shared PancakeSwap’s head honcho, Mochi.

To qualify for the fee refund, traders must have engaged in trades worth at least $5,000 in Wrapped Bitcoin (WBTC) or Wrapped Ether (WETH) on Uniswap’s Ethereum platform between Jan. 1 and March 31. Traders can confirm their eligibility via PancakeSwap’s Dune dashboard and need to fill out a form to claim their refunds.

This campaign is just one part of PancakeSwap’s larger plan to expand its reach. As per data from CoinGecko, PancakeSwap currently ranks as the fifth-largest decentralized exchange based on daily trading volumes, with Uniswap v3 leading by more than $700 million.


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