PancakeSwap and Brevis Expand Partnership with ZK-Verified LP Incentives on Base

PancakeSwap at the moment introduced a brand new sequence of Incentra-powered rewards campaigns for liquidity suppliers on Base, marking a deepening partnership with Brevis and a transfer towards absolutely verifiable LP incentives. This system runs throughout 11 PancakeSwap v3 swimming pools on Base and pays out OP token rewards to LPs in proportion to the buying and selling charges their positions generate, with every calculation backed by zero-knowledge proofs and claimable on Optimism Mainnet.

The marketing campaign expands an current relationship between PancakeSwap and Brevis that began with PancakeSwap Infinity, the place Brevis’ on-chaak hooks ship dynamic buying and selling charges tailor-made to customers’ buying and selling historical past and CAKE holdings. That integration has already generated greater than 26 million ZK proofs and supported a buying and selling quantity of $1.18 billion, in response to PancakeSwap. The brand new Incentra initiative goes past the customized compensation mechanism and applies the identical dependable, cryptographic infrastructure to the distribution of incentives for liquidity suppliers.

Eligible swimming pools embrace ETH–USDC, ETH–cbBTC, cbBTC–USDC, wstETH–ETH, EURC–WETH, EURC–USDC, USDC–USDT, VIRTUAL–WETH, ZORA–USDC, AVNT–USDC, and ZEN–WETH, with the swimming pools divided into 0.01% and 0.05% price tiers. PancakeSwap has allotted 240,000 VP to those campaigns, and distributed roughly 20,000 VP per week, a tempo that quantities to a roughly 12-week program until weekly quantities are adjusted over time.

ZK Verified Rewards

Brevis pulls LP place knowledge immediately from the blockchain, calculates every LP’s share of charges earned inside eligible swimming pools, and generates cryptographic proof that these calculations have been carried out accurately. These zero-knowledge proofs are then verified on-chain in order that customers can independently verify that the place knowledge was actual, that the compensation calculation adopted the introduced system, that the allocations matched the printed standards, and that no participant obtained preferential remedy. In brief, LPs do not have to put blind religion in an middleman; the proof carries the boldness.

In apply, participation requires nothing aside from offering liquidity to one of many eligible PancakeSwap v3 swimming pools on Base in the course of the marketing campaign interval. Rewards accrue routinely primarily based on the buying and selling charges a place generates, and LPs can declare their OP tokens by Incentra on Optimism Mainnet. PancakeSwap notes that no separate login is required and refers customers to the Incentra dashboard for particulars and claims: https://incentra.brevis.community/?chainid=8453&sort=3&standing=4

This transfer illustrates PancakeSwap’s continued investments in verifiable infrastructure that reduces factors of centralization and will increase transparency for customers. For retailers, Infinity’s Brevis hooks have already enabled extra customized reimbursement experiences; for LPs, Incentra now brings cryptographic ensures to the opposite aspect of the DEX: rewards.

Utilizing Brevis know-how for each buying and selling and liquidity incentives, PancakeSwap goals to convey customized, dynamic pricing and demonstrable rewards collectively in a single, dependable ecosystem. As DeFi platforms compete on consumer expertise, returns and belief, this marketing campaign demonstrates a sensible means protocols can use cryptography to make incentive applications auditable and truthful with out sacrificing the effectivity and customization that merchants and LPs anticipate.