PancakeSwap and Brevis Expand Partnership with ZK-Verified LP Incentives on Base
PancakeSwap right this moment introduced a brand new set of Incentra-powered reward campaigns for liquidity suppliers on Base, marking a deepening of its collaboration with Brevis and a step 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 each calculation backed by zero-knowledge proofs and claimable on Optimism mainnet.
The marketing campaign expands an current relationship between PancakeSwap and Brevis that started with PancakeSwap Infinity, the place Brevis’ on-chain hooks ship dynamic buying and selling charges tailor-made to customers’ buying and selling histories and CAKE holdings. That integration has already produced greater than 26 million ZK proofs and supported $1.18 billion in buying and selling quantity, based on PancakeSwap. The brand new Incentra initiative takes the partnership past personalised charge mechanics and applies the identical trustless, cryptographic infrastructure to incentive distribution 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 cut up between 0.01% and 0.05% charge tiers. PancakeSwap has allotted 240,000 OP to those campaigns, distributing roughly 20,000 OP per week, a tempo that works out to a couple of 12-week program until weekly quantities are adjusted over time.
ZK-Verified Rewards
Brevis pulls LP place information straight from the blockchain, calculates every LP’s share of charges earned throughout the eligible swimming pools, and generates cryptographic proofs that these calculations had been accomplished accurately. These zero-knowledge proofs are then verified on-chain, so customers can independently affirm that the place information was real, the charge math adopted the introduced system, allocations matched the revealed standards, and no participant obtained preferential remedy. In brief, LPs don’t have to put blind belief in any middleman; the proofs carry the belief.
Virtually, participation requires nothing greater than offering liquidity to any of the eligible PancakeSwap v3 swimming pools on Base in the course of the marketing campaign interval. Rewards accrue routinely based mostly on the buying and selling charges a place generates, and LPs can declare their OP tokens by way of Incentra on Optimism mainnet. PancakeSwap notes that no separate opt-in is required, and factors customers to the Incentra dashboard for particulars and claiming: https://incentra.brevis.community/?chainid=8453&sort=3&standing=4
The transfer illustrates PancakeSwap’s continued funding in verifiable infrastructure that reduces centralization factors of failure and will increase transparency for customers. For merchants, Infinity’s Brevis hooks have already enabled extra personalised charge experiences; for LPs, Incentra now brings cryptographic assurances to the opposite aspect of the DEX: rewards.
By bringing Brevis know-how to each buying and selling and liquidity incentives, PancakeSwap is attempting to knit personalised, dynamic pricing and provable rewards right into a single, trustless ecosystem. As DeFi platforms compete on consumer expertise, returns and belief, this marketing campaign reveals one sensible means protocols can use cryptography to make incentive packages auditable and honest with out sacrificing the effectivity and customization that merchants and LPs anticipate.
