PancakeSwap happens to be a decentralized cryptocurrency exchange. It has made the official announcement that it is all prepared for the launching of its very latest version of the application, the PancakeSwap V3, sometime in the month of April 2023. This is going to take place on the BNB Smart Chain. 

According to the pseudonymous head chef of PancakeSwap, Mochi, this will be accompanied by freshly introduced features that will be responsible for the enhancement of overall user experience, along with more users being able to connect with DeFi. There will also be the factor of lessening trading fees, along with better liquidity provisions. 

The entity has divulged the fact that there will be an organized rewards campaign, which will be run concurrently with the launch. This will witness an airdrop of its CAKE token for its connected users, provided that they are able to make suitable contributions pertaining to the liquidity pool of the platform. In that scenario, the users will also be the beneficiaries of an NFT, which will play the role of loyalty for the entity. The token, however, will be non-transferable.