LEM is on Pancakeswap v1 = NO WORRIES

⚠️ Use 6% or more slippage and if problems try a round number in LEM ⚠️

When you try to access Pancakeswap v1 you get this warning message, which is only partly correct. While new coins have liquidity in v2, lot of others like LEM have liquidity mostly on v1.

LEM protocol has a 5% transaction fee, of which 3% gets locked in Pancakeswap v1 liquidity forever, the other 2% is distributed to holders. As the ownership of the contract has been renounced (making LEM safe and impossible to rug pull), this cannot be changed and the liquidity will go to v1 by design. Once smart contract are deployed they are immutable and will stay there forever, this is valid for LEM and pancakeswap v1.

This is not a problem at all, opposite to what the warning message says, it is better and safer to trade LEM in v1, on v2 you will get worse prices.

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Lemur Finance

Lemur Finance

https://lemur.finance https://twitter.com/FinanceLemur https://t.me/lemurfinance https://www.facebook.com/Lemur.Finance https://www.reddit.com/r/LemurFinance/

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