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PancakeSwap Announces Smart Router to Improve StableSwaps

New PancakeSwap Smart Router

PancakeSwap has introduced a new Smart Router algorithm service to make stablecoin trades more efficient with improved liquidity and pricing.

Using a new routing algorithm, Chef Berries explained in a Nov. 24 Medium blog, the smart router will grab from several different liquidity pools across PancakeSwap’s vast Decentralized Exchange (DEX) to keep slippage at a minimum for better stableswaps. The trading Smart Router will make the StableSwap have better functionality than the regular Automated Market Maker (AMM) for a variety of other pairs beyond stablecoins as well.

“Users who enable this feature will be able to enjoy the best possible price when trading through StableSwap,” writes Chef Berries. 

The Smart Router will feature small trading fees but should improve the overall trading experience to an already great user interface (UI). The blog also confirmed that PancakeSwap continues to work on better guides on the protoco’ls UI plus split routes and better pool linkage for route calculations through the AMM. 

What is PancakeSwap:

PancakeSwap is a Decentralized Exchange (DEX) built on BNB Chain. It offers users various features such as Liquidity Pools, Swapping, Yield Farming, Syrup Pools, Automated Market Maker, Initial Farm Offering (IFO), NFT profile system, and many others. 

In addition, the protocol helps users make the most out of their crypto assets by trading, earning through yield farming, and winning via lottery, prediction, and NFT collectibles. With the highest trading volumes in the market, PancakeSwap is the leading DEX on the BNB Chain. 

Where to find PancakeSwap: 

Website | Twitter | Medium | GitHub

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