PancakeSwap Reveals ‘Affiliate’ Initiative to Enable Forks Across Blockchains
Decentralized exchange (DEX) and decentralized finance (DeFi) protocol PancakeSwap has launched a discussion proposal to introduce an “Affiliate” initiative to the DeFi community.
The initiative has several goals. These include fostering open-source scalability for the exchange, promoting collaboration across multiple blockchain networks, and helping the protocol stay up-to-date with the crypto industry’s developments.
Per the announcement shared with Cryptonews,
“The team is proposing to roll out an “Affiliate” initiative whereby DeFi protocols can fork PancakeSwap on blockchains where it is not currently deployed.”
The team will invite and approve – on a case-by-case basis – forks of PancakeSwap onto any chain that doesn’t already have the exchange and platform deployed on it.
The team aims to partner with at least three DEXs on three chains this year. Each of these would be in the top ¼ by trading volume on their respective chains long-term, it said.
The proposal is now open for community feedback.
PancakeSwap is working to finalize it for official voting in the coming weeks. This event will follow “comprehensive feedback collection and analysis” by the team.
The “Affiliate” initiative encourages forks onto numerous blockchain networks.
The primary motivation for this is that the team wants to “scale the growth of the PancakeSwap protocol exponentially to new blockchains faster, supporting strong DeFi teams that can rely on the unique and improving PancakeSwap all-in-one DeFi product suite.”
Read more on cryptonews.com
