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TL;DR
PancakeSwap has pledged that they are going to reimburse merchants as much as $8 million in charges which have been incurred on their competitor’s platform.
Full Story
BMW vs. Audi.
Nike vs. Adidas.
Coke vs. Pepsi.
PancakeSwap vs. Uniswap.
As we speak we’re speaking about rivalries and this one’s getting hotter than a Pacqui chip.
A few month in the past, Uniswap hiked its ‘interface charges’ – charges charged to customers to execute trades on the decentralized alternate (DEX) – from .15% to .25%.
Now, the group behind PancakeSwap (a competing DEX) has pledged that they are going to reimburse merchants as much as $8 million in charges which have been incurred on their competitor’s platform.
As a way to be eligible, any crypto merchants who match their Uniswap v3 quantity 1:1 on PancakeSwap v3 between Might 16 and August 15 will obtain a full refund of their Uniswap interface charges by way of PancakeSwap.
Uniswap customers can go to PancakeSwap’s Dune dashboard to verify their eligibility and eligible merchants should fill out a type to say the reimbursement.
So yeah, for those who’ve been stung by the rise in charges on Uniswap, you could be in luck!
It’s rivalries like this that retains charges low and promotes steady innovation.
Your transfer, Uniswap.
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