PancakeSwap, a decentralized exchange, has expanded to the zkSync Era blockchain, according to the DEX's developer. This move is part of PancakeSwap's strategy to increase its user base and revenue. PancakeSwap will offer token swap and liquidity provisioning features with transactional fees of 0.01% at launch, with the farms feature set to go live in the coming weeks. As a DEX, PancakeSwap relies on smart contracts instead of middlemen to process trades, lending, and lottery services for users.
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