Pancake Swap to refund Uniswap users fees in competitive move whose effects will be noted

Pancake Swap to refund Uniswap users fees in competitive move whose effects will be noted

 

Pancake Swap, a DeFi exchange that facilitates cross-chain swapping of tokens announced that they will refund certain groups of users all Uniswap fees incurred in the months January through March, up to $8 million as long as users match their volume 1:1 on Pancake Swap from now through to mid-August.

Pancake Swap announced their initiative on Thursday May 16th, right after the planet Mercury entered a new pada, the fourth pada of the constellation or Nakshatra named Ashwini by the rishis. 

The rishis divided the sky of an infinite radius extending outward from the center point, Earth into 27 groups of fixed stars, called Nakshatra. Moon’s entrance into each of those star groups generated events on Earth with common characteristics with which they became identified. When the planets become apparent in each given Nakshatra, the rishis noted that they similarly generated events on Earth, in unique ways depending on the planet. The rishis divided each Nakshatra into four padas, and each of these padas correspond to an astrological sign within a special derivation of the physical sky called the Navamsha.

The planet Mercury generates intellectual competition on Earth. He is the Prince, the planet Who travels closest to Sun, the King. Ashwini Nakshatra is located fully in the sign of Aries, ruled by Mars. Ashwini generates playfulness while Aries generates more physical types of competition on Earth. 

The fourth pada of Ashwini, where Mercury entered at the moment of Pancake Swap’s announcement is located in the Mercury-ruled sign of Gemini in the Navamsha. Gemini also generates competitive acts and initiatives.

Moon at that moment travelled in the same place in the sky where Moon was located at Uniswap’s inception. Days when Moon travels within the Nakshatra of an individual or entity’s natal Moon typically give problematic results as per the Jyothish, practicants of Indian Astrology often referred to as “Vedic Astrology” but which existed on the subcontinent prior to the Vedic civilization.

Pancake Swap says that their motivation for reimbursing Uniswap users’ fees is Uniswap’s recent swaps fee incrementation from 0.15% to 0.25%. Users eligible for refunds need to have had a minimum of $5000 in Wrapped Bitcoin or Wrapped Ether pairs on Uniswap between January 1st and March 31st.

When the promotion ends on August 15th, Moon will be travelling on Uniswap’s natal Saturn. Due to the position of Uniswap’s natal Saturn, Uniswap will likely notice a significant loss in revenue and will redouble its competitive efforts at this moment. It will likely do so in a surprising and emotional fashion. 

 

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