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

Live Updates:

On the day of migration we’ll try to inform you as promptly as possible.

24.Apr 17:00 UTC:

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!

Thank you for your trust dear Swampers

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

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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:

What will we do?

With the PancakeSwap v2 migration Swamp team will seize the opportunity to improve its own ecosystem.

PancakeSwap v2 migration:

Swamp v2 will deploy:

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?

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