Driving DeFi Adoption / Chef Mochi

Prague DeFi Summit 2023 · June 2023 · 19:26

Chef Mochi talks about driving DeFi adoption through better user experience and multi-chain development at PancakeSwap. The talk covers how PancakeSwap aims to offer a user-friendly, all-in-one platform that brings DeFi to more people, walks through its products including PancakeSwap v3, and discusses the decentralized exchange's multi-chain expansion.

Speakers

Topics

From Prague DeFi Summit 2023, hosted by Prague DeFi Summit 2023.

Transcript

one point I hope you can hear me so uh this is from pancakes to be here and very nice to meet everyone today uh yeah so I come from a product background and uh today I need a very talented tea to a long long-term appreciation of being an all-in-one multi-change so I'm happy to talk about the agriculture protocols what I'm most excited about whether the

package of teams for the restaurants sorry we will move on to the next foreign lastly

such that today no longer just being changed in Focus am Exchange today pancake shop is a leading as well thank you so observation we aim to provide unchanging crypto users all the devices that they want to use on a simple and with integrated experience no matter where the users are and watch in YouTube so it's within that we've expanded our product and when multi change starting from London

researcher 3.7 million users in the month of May and processes nearly 15 billion in trading volume on the same smartphone next slide slices so so we have over 10 products on the pancake from now and show you what we've done to explain how to do these products so let's start with our trip as I mentioned thank you started today we are still the largest detection

and also the second largest High trade volume across all chains as this is our call strangling the easiest experience is to buy and sell their tokens so so our first feature for streaming there allows you to trade any tokens on DMP change and ethereum which is not only supported by our liquidity tools but also our integrated a slightly different model model from a Pure Solutions like the coin is recognized tokens through package

workload you can also trade tokens which they are very creativity we work with online create markets for a certain tokens all the NBA championships in ethereum even for the modification points so that the users can expect change it this means liquidity in terms of trading without liquidity providers inside the token and sentences and without users having to deal with projectors and while the amm model has been great

providing Perpetual liquidity on campaign it has its own limitation system and in some ways we can't compare to a centralized Exchange in that they offer all sorts of tokens processes and unified manual so we do think that the market maker integration will bring complementary side to AMF and enhances user experiencing on an exchange moving on to our second product so of course with very many amms you can always to our mm pools to earn trading releases also integrated with various on-chain Bridges such as tokens from other things to package also on any of

our networks all within the company of a single UI or dydx we offer users a way to trade for leverage on a significant rate of tokens because because we have both on chain Traders can come to pack Xbox and do a leverage trading on a large amount setups that are very competitive price and this is available on both PMP change to cater to the vast majority of unified users and so you can see as a trading platform thank you so I'm just trying to cover most of what D5 users

to trading reading uh can we move on to the next slide please on top of being able to we have a group of D5 products and providing liquidity now this is probably very very funny uh

and complimentary or what we can accessories as pancake swaps of about 150 000 people our platform is it's a great great project to get collected quickly to a significant and passion to reduce abilities so how this works is that okay token holders without platform form and projects who work with us can very slowly distribute some of their projects to all the users it was taken with us it's a great way for projects and users

to get connected sorry sorry we have also rolled out ethereum uh liquid stating or easy liquid state painting so unlike most other protocols requisition on the ethereum network only we've actually wrote down changing so as chefs we do think that he has more also become recognized as a savings asset and it is increasingly a common way to participate if you really matter what we do think that even if users obviously have to change and other change would be interested

to save you users having to beverage as well so uh so on top of baby we do think that users you know okay occasions to have have some fun well with package as well as well uh we don't really really you know we didn't want users to come to our platform and feel like they were just purely trading activities so therefore

a variety of fun games over the years that's called pancake protectors on the bottom right so that's something that we've done very recently we work together with a and we released a full flashlight so this game has really been popular we released the game game about a week and it's currently reached about a thousands and to top it off we release the game without any recommendation and so it's not based on a creative model it was

very popular you know some some type of time one two three years and competitive casual gaming for our community I asked that if you're interested try it out leaderboard strategies so these nfts these various these two

different characters in the game allowing you to craft different types so yeah I've uh you know went on for quite a bit of products uh you know and I I hopefully have uh you know I always think think about [Music] is now

you know most users will want to use and we do so let me change that we're thinking uh so in manner which we hope will encourage users to come back uh can we move on to the next last night thank you so next I want to highlight the news iteration now so I won't read all of them but I want to talk about how we are implementing it and how we're taking a different

approaches so at the base layer the liquidity which allows which primary purpose is to increase with capital efficiency now we do think that this is a very personal beautifully designed and Powerful operator there are some layers which we have added to take a different approach and which I believe I will be three three success as a suite of integrated easier for

users before on top of just being able to concentrate your liquidity with a way to introduce you farming Rewards as a desk therefore pancakes [Music] to support encourages best liquidity that at all timelines

trading Dynamics insurance right now receive any requests relationships with no no providing liquidity in between more challenging especially for retail users and we are going to roll out management platforms usually that will help users deliberately active and in range so that they can capture differences while minimize

so that users can have many many different countries in terms of their active management no no users we are also dividing Project X for one liquidity and you know I want to interact with packages foreign other partners

exactly uh so on this last slide I just wanted to talk about a little bit more about our multi-chain expansion things that cross chains Bridges will improve and blur the lines for users and second that ecosystems are built

together with many different yeah it's like I talked about ecosystem around on v33 this is the same approach we take with pancakes this year is going aggressively on multiple changes we are actively looking out to work with with heart nurses uh you know Technologies with our trading and earnings which I just described right and we are all also to work with game Builders and work with our community to develop a fun fun

engaging experience that improve last year's play to Earth models was very very on on mostly on an unsustainable lastly chefs yeah some of which are you know very interesting things around uh in account abstraction and specifying user experiences for onshore trading leverage [Music] mechanisms you know and and that sort of uh

so so we want to work with projects for solving constraints is divided one of the largest so I will ask for everyone you know present today I hope I've given everyone or what pancakes from this we're actively building and expecting I'm sure you'll hear about us listen please thank you everybody

thank you [Music]