Pancake v2 migration for Swampers
Last update: 25. apr 13:25 UTC
SWAMP v2 Vaults are live!
- Users can now deposit v2 LPs to new Vaults
- Swamp rewards are live for new Vaults
- Swamp rewards for old Vaults will be stopped
- New Vaults will have 24h 0.00% deposit fee
List of Swamp v2 Vaults: https://swampfinance.medium.com/swamp-v2-vaults-5e2d0d259734
PancakeSwap v2 Vaults are live!
Swamp.finance new PancakeSwap v2 Vaults are live.
- Users can now deposit PancakeSwap v2 LPs to new Vaults
- Swamp rewards are live for new Vaults
- Swamp rewards for old Vaults will be stoped
- New Vaults will have 24h 0.00% deposit fee
- List of PancakeSwap v2 Vaults: https://swampfinance.medium.com/pancakeswap-v2-vaults-3c0266946e41
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Live Updates:
On the day of migration we’ll try to inform you as promptly as possible.
24.Apr 17:00 UTC:
- PancakeSwap v2 Vaults are live.
- We are still communicating with other providers and reviewing situation for new Vaults.
- Swamp rewards on native and other vaults are still distributed.
Thank you for your patience
24.Apr 8:45 UTC:
PancakeSwap v2 test Vaults deploy started
Swamp.finance has started the deploy of PancakeSwap v2 vaults!
- Users can wait until new vaults are live to withdraw from old Vaults
- Please do not deposit to test Vaults until conformation
- Swamp rewards will keep coming until new Vaults are live
- New Vaults will have 24h 0.00% deposit fee
Thank you for your trust dear Swampers
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PancakeSwap v2 test Vaults deploy startedSwamp.finance has started the deploy of PancakeSwap v2 vaults!- Users can wait until new vaults are live to withdraw from old Vaults
- Please do not deposit to test Vaults until conformation
- Swamp rewards will keep coming until new Vaults are live
- New Vaults will have 24h 0.00% deposit feeThank you for your trust dear Swampers
- !!! Migration delay (PancakeSwap has some difficulties): https://twitter.com/PancakeSwap/status/1385501978667618304
- Swamp.finance Vaults will be unpaused, since PancakeSwap has delayed its v2 migration.
- Farm yield will be accumulating until PancakeSwap rewards are live
- Users of Swamp.finance will still be receiving SWAMP rewards - PancakeSwap migration update: https://twitter.com/PancakeSwap/status/1385562516311351301
- PancakeSwap migration update on 23. apr at 21:00 UTC : https://twitter.com/PancakeSwap/status/1385696189484396545?s=19
- PancakeSwap migration: Step 4 done
V2 farms will start going live one-by-one, over several hours.
https://twitter.com/PancakeSwap/status/1385815536857059329
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PancakeSwap has recently announced the upgrade of their protocol to PancakeSwap V2. They will be upgrading their PancakeSwap Router and PancakeSwap Factory to improved contracts resulting in new LP token contracts and new Farm contracts. You can read more about it here:
https://pancakeswap.medium.com/the-great-migration-vote-4093cb3edf23
What will happen?
On Friday 23rd on April at 5AM UTC PancakeSwap will migrate to V2. That means we will have to deploy new vaults supporting PancakeSwap V2 LP tokens. At the time of migration we will be pausing deposits to all vaults and deploying new ones so you will be able to migrate your assets to new update vaults.
Timetable:
- Migration start: 23rd on April at 5AM UTC
- Migration end: TBA
What will we do?
With the PancakeSwap v2 migration Swamp team will seize the opportunity to improve its own ecosystem.
PancakeSwap v2 migration:
- Deploy of new vaults
Swamp v2 will deploy:
- Timelocker upgrade
- Strategies upgrade
- Certik preliminary recommendations will be deployed
How will it affect you?
Users will have to withdraw their funds from current vaults and and take apart their LP tokens and later create new LP tokens with PancakeSwap v2 contracts. After the redeploy of new Swamp.finance Vaults users will be able to deposit their tokens and newly created LPs.
Since this transition will be affecting the majority of Binance Smart Chain network users will have to be prepared to experience issues when withdrawing from old Swamp.finance vaults, removing liquidity on PancakeSwap or creating new v2 LPs. Please be patient and keep calm during the migration.
Deposits to old Vaults will be paused a few minutes before migration. Interest will stop accruing after the PancakeSwap v2 migration starts. When the new Vaults are deployed old Vaults will stop receiving SWAMP rewards. For the first 24 hours after new vaults deployment deposit fees to new Vaults will be set to 0.0%.
What will you have to do?
- Withdraw your LPs and other tokens from all old Vaults
- Remove liquidity from old PancakeSwap LPs
- Add liquidity to the new type of PancakeSwap LPs
- Deposit their tokens and newly created LPs to new Vaults
Listed vaults will not be affected by migration:
Provider: Swamp
SWAMP single pool
Provider: ApeSwap
BANANA single pool
BANANA / BUSD LP
BANANA / BNB LP
ETH / BNB LP
BUSD / USDC LP
Provider: MDEX (Auto)
ETH / BETH LP
USDT / BUSD LP
USDT / USDC LP
BTCB / ETH LP
