PancakeSwap introduces Zyfi gasless program on zkSync Era, users can now enjoy gasless transactions trading on zkSync Era

PancakeSwap, a leading decentralized exchange (DEX) on BNB Chain, has taken a significant step towards mainstream adoption by integrating with Zyfi on zkSync Era.

This integration allows PancakeSwap users to enjoy sponsored gas fees for specific trading pairs which could potentially revolutionize the DeFi landscape.

Zyfi on X: "Enjoy gasless transactions now with @PancakeSwap on @zksync! All swaps and transactions are fully sponsored, thanks to the paymaster integration of @Zyfi_org in the PancakeSwap dApp. ⛽️ 

At the inception, the zkSync team will sponsor $5,000 in gas fees on a first-come, first-served basis.

Users can receive gas-free transactions on zkSync Era PancakeSwap until the $5,000 sponsorship is used up.

PancakeSwap currently has $1.958 billion TVL. CAKE token ranks 109^th largest crypto by market cap.

Summary

Gas-Free Transactions

Users can now enjoy trading without the need to pay gas fees on selected token pairs. These fees will be covered by PancakeSwap, zkSync, or other DeFi protocols.

Payment Flexibility

Furthermore, the integration enables users to pay gas fees using over 10 different ERC-20 tokens, removing the necessity to hold ETH solely for gas purposes.

PancakeSwap users can now pay gas fees with any of the 10+ supported ERC-20 tokens.

This move by PancakeSwap aims to make DeFi more accessible and user-friendly, which is crucial for broader adoption.

The simplified trading experience could help PancakeSwap attract a larger market share from centralized exchanges, which typically offer more user-friendly interfaces.

Those who are looking for more efficient and cost-effective ways to trade on decentralized exchanges will benefit from trading on PancakeSwap.