Confirmation Proposal for Aptos Multichain Farm Emission

Following the multichain vote, Chefs have been launching, monitoring, and optimizing the liquidity levels, trading experience, and overall UI/UX on Aptos.

Thanks to the support of the community – and many of you have noticed this –, we are the premier DEX on not just BNB Chain, but also Aptos, with ~50% of the Aptos TVL.

(Source: Defillama)

By voting yes on this proposal, you signal your support for PancakeSwap to continue our multichain deployment on Aptos, and further our goal of becoming a multichain one-stop shop for all things DeFi.

Details of current Aptos Farms

There are currently 14 farms deployed on Aptos:

APT-ceUSDC
APT-lzUSDC
APT-whUSDC
CAKE-APT
CAKE-ceUSDC
CAKE-lzUSDC
ceBNB-ceUSDC
ceUSDC-ceUSDT
ceUSDC-ceWETH
lzUSDC-lzUSDT
lzUSDC-lzWETH
stAPT-lzUSDC
whUSDC-whBUSD
whUSDC-whWETH

The current APRs are consistent with, or higher, than other DEXs on Aptos which incentivize the same pairs. Chefs believe that the current emissions are suitable in the initial phase of deployment, and will look to revise emissions again as we develop our products further and achieve more adoption on Aptos.

Future plans for Aptos

This confirmation concludes the first step of PancakeSwap’s deployment to Aptos. From here on, we intend to build upon the initial deployment considering the following:

✨ PancakeSwap will aim to get further visibility within the Aptos ecosystem to attract additional Aptos-based projects to deploy on PancakeSwap;

🥞 PancakeSwap will look to bring more our existing and build on future products to Aptos so that we can attract more projects with a more competitive offering;

🤝 PancakeSwap will be looking to leverage its strength on BNB Chain to attract Aptos-based projects to BNB Chain and vice-versa, so as to improve CAKE burn.