• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

PancakeSwap Launches First IFO on Arbitrum

user avatar

by Giorgi Kostiuk

a year ago

  1. First IFO Launch on Arbitrum
  2. Features of Eigenpie
  3. Details and Participation


    4. PancakeSwap has announced its first Initial Farm Offering (IFO) on the Arbitrum network, featuring the Eigenpie protocol.

    First IFO Launch on Arbitrum

    PancakeSwap has announced its first Initial Farm Offering (IFO) on the Arbitrum network. This event marks a significant step in PancakeSwap's multichain expansion strategy. The IFO will take place from 10:15 AM UTC on September 24, 2024, to 10:15 AM UTC on September 25, 2024.

    Features of Eigenpie

    Eigenpie is an innovative Liquid Restaking Protocol built on EigenLayer. It allows users to restake their ETH or Liquid Staking Tokens (LSTs) while maintaining liquidity through a Liquid Restaking Token (LRT). The EGP token serves as Eigenpie's native governance token, enabling holders to participate in protocol governance, earn rewards, and amplify their influence through vote-locked EGP (vlEGP).

    Details and Participation

    Participation in the IFO will be accessible via two primary channels. The Basic IFO will be available to all CAKE holders. For those with veCAKE on BNB Chain, a Public IFO will offer exclusive access with a reduced participation fee. Participants will need to lock CAKE to obtain veCAKE, which they will then use to join the IFO.

    The launch of the first IFO on the Arbitrum network is a significant milestone for PancakeSwap, signaling its ongoing expansion and adoption of innovative solutions in the DeFi space.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

VeChain Shows Technical Recovery with Hayabusa Upgrade

chest

VeChain demonstrates a technical rebound after weeks of sideways trading, supported by the Hayabusa staking upgrade.

user avatarKenji Takahashi

Millennials Redefine Crypto Value with Health and Wellness Focus

chest

A significant change in how millennials perceive value in crypto assets is emerging, focusing on health and sustainability rather than traditional financial narratives.

user avatarMaria Fernandez

Healthy Cola Launches Utility Token to Transform Beverage Consumption

chest

Healthy Cola is revolutionizing the beverage market by integrating a utility token that connects production with consumer participation.

user avatarGustavo Mendoza

Capital One Falls After Earnings Report, Makes $515B Bet on Brex

chest

Capital One's shares fell after the bank reported fourth-quarter earnings below expectations and announced the acquisition of Brex for $515 billion.

user avatarRajesh Kumar

Merkle Manufactory to Repay $180 Million to Investors

chest

Merkle Manufactory plans to repay $180 million to its venture capital investors after selling its Farcaster protocol to Neynar, marking a significant move towards a developer-focused strategy.

user avatarMiguel Rodriguez

TokenFi's Digital Domination at Venice Marco Polo Airport.

chest

TokenFi secured a complete digital arrivals takeover at Venice Marco Polo Airport to capture the attention of Olympic visitors.

user avatarMaria Gutierrez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.