Dear PancakeSwap Community,

As part of our ongoing efforts to streamline offerings and focus on more sustainable, impactful products for our community, the PancakeSwap Options will officially be retired on March 11th, 2025, at 08:00 UTC.

What Does This Mean for You?

Liquidity Provision Deposits:

• You can no longer add liquidity to the PancakeSwap Options after February 25th, 2025, at 08:00 UTC.
• However, any liquidity existing deposits on the PancakeSwap Options will continue to earn fees if your funds are used for PancakeSwap V3 pools or Options trades.

Liquidity Provision Withdrawals:

• You must withdraw your liquidity provision funds by March 11th, 2025, at 08:00 UTC. After this deadline, you can no longer access or withdraw funds from the PancakeSwap Options interface. However, if you miss the deadline, you can still manage and withdraw your funds through the Stryke interface.
• If your liquidity is currently utilized against an Options trade, you can use the reserve liquidity feature ensuring your funds remains available for withdrawal (after the current trade is exercised or expires) and cannot be utilised further to service Options trades.
• If you wish to continue earning v3 trading fees, you can migrate your liquidity provision funds from PancakeSwap Options to PancakeSwap V3 pools.
• Please be aware of potential risks, as the Stryke interface is a third-party platform and will not be directly connected to PancakeSwap after the Options Product retirement. It is strongly advised to withdraw all your funds before the deadline March 11th, 2025, at 08:00 UTC. If you prefer to continue earning fees within the PancakeSwap ecosystem, you can migrate your liquidity provision funds to PancakeSwap V3 pools.

Trades:

• Starting February 25th, 2025, at 08:00 UTC, you can no longer open new trades on the PancakeSwap Options.
• All existing trade positions will remain open until they are executed or expire. You can manage your trades via the Stryke interface if any positions are still active after the PancakeSwap Options winding-down deadline (March 11th, 2025, at 08:00 UTC).

Interface:

• The PancakeSwap Options will be removed from the PancakeSwap interface on March 11th, 2025, at 08:00 UTC, and you will no longer be able to access or interact with it.

How to Withdraw Your Liquidity Provision Funds from Options:

1. Visit PancakeSwap Options Product.
2. Connect your wallet to PancakeSwap.
3. Go to "LP Positions" and select the positions you wish to withdraw.
4. Click the "Withdraw" button next to each position you want to redeem.

How to Add Your Liquidity to PancakeSwap V3 Pools:

1. Visit the PancakeSwap Liquidity Page.
2. Click the "Add Liquidity" button.
3. Select the two tokens for the trading pair you want to add liquidity (e.g., ETH and USDC).
4. The interface will automatically select the most popular trading fee tier and configure the price range.
5. Confirm the version and fee tier of the liquidity pool.
6. Review and confirm the price range settings.
7. Enter the amount of one token under "Deposit Amount." The system will automatically calculate the amount of the other token.
8. Click the "Enable USDC" button (or the relevant token), and confirm in your wallet.
9. The "Add" button will activate. Click to proceed.
10. Your liquidity position will be viewed in a preview. If everything looks good, click "Add" to proceed.
11. Your wallet will ask for confirmation. Confirm the transaction.
12. After confirming the transaction, you will see your new liquidity position on the "My Liquidity" page.

Why Retire the Options Product?

This decision allows us to focus on developing more sustainable and impactful products that will provide more significant benefits to the PancakeSwap community in the long term. We appreciate your understanding and continued support.

If you have questions or need assistance, please contact us through our Telegram, X, or Discord community channels.

The Chef's