Bitcoin
Bitcoin (BTC)
$68,008.00 1.53271
Bitcoin price
Ethereum
Ethereum (ETH)
$3,527.27 0.43964
Ethereum price
BNB
BNB (BNB)
$600.62 1.22863
BNB price
Solana
Solana (SOL)
$183.81 5.97554
Solana price
XRP
XRP (XRP)
$0.5987210 0.57349
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000183 0.82375
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000125 3.13565
Pepe price
Bonk
Bonk (BONK)
$0.0000329 7.14706
Bonk price
Bitcoin
Bitcoin (BTC)
$68,008.00 1.53271
Bitcoin price
Ethereum
Ethereum (ETH)
$3,527.27 0.43964
Ethereum price
BNB
BNB (BNB)
$600.62 1.22863
BNB price
Solana
Solana (SOL)
$183.81 5.97554
Solana price
XRP
XRP (XRP)
$0.5987210 0.57349
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000183 0.82375
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000125 3.13565
Pepe price
Bonk
Bonk (BONK)
$0.0000329 7.14706
Bonk price
Bitcoin
Bitcoin (BTC)
$68,008.00 1.53271
Bitcoin price
Ethereum
Ethereum (ETH)
$3,527.27 0.43964
Ethereum price
BNB
BNB (BNB)
$600.62 1.22863
BNB price
Solana
Solana (SOL)
$183.81 5.97554
Solana price
XRP
XRP (XRP)
$0.5987210 0.57349
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000183 0.82375
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000125 3.13565
Pepe price
Bonk
Bonk (BONK)
$0.0000329 7.14706
Bonk price
Bitcoin
Bitcoin (BTC)
$68,008.00 1.53271
Bitcoin price
Ethereum
Ethereum (ETH)
$3,527.27 0.43964
Ethereum price
BNB
BNB (BNB)
$600.62 1.22863
BNB price
Solana
Solana (SOL)
$183.81 5.97554
Solana price
XRP
XRP (XRP)
$0.5987210 0.57349
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000183 0.82375
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000125 3.13565
Pepe price
Bonk
Bonk (BONK)
$0.0000329 7.14706
Bonk price

PancakeSwap launches asset management feature

pancakeswap-launches-asset-management-feature
Edited by
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PancakeSwap launches asset management feature

Decentralized exchange PancakeSwap has introduced the Position Manager feature.

The new feature allows one to place assets into a vault and automatically send them to liquidity pools. The project team said the new feature was made available through collaboration with the decentralized finance (defi) protocol Bril Finance.

According to a blog statement, Position Manager makes the use of capital more efficient. It automates the process of providing liquidity and saves resources. According to the developers, the system will allow users to earn higher profits than other ways of earning money.

“Position Manager is a collaborative integration between PancakeSwap and elite protocol partners, offering a suite of strategies for optimal Liquidity Provision (LP) position management. This means no more manual LP configurations or complex calculations. Users can effortlessly select trading pairs and preferred protocols, executing their strategies through our user-friendly Position Manager interface.”

PancakeSwap team

At the time of writing, Position Manager supports four assets: stablecoin USDT, Bitcoin (BTC) on the BEP-20 network, BNB, and Ethereum (ETH). During the first four weeks after the feature launches, users will receive additional rewards in CAKE tokens.

According to DefiLlama, PancakeSwap is the second-largest fully decentralized cryptocurrency exchange in daily volume. In September, the company integrated Transak as a cryptocurrency payment provider.