According to Coindesk's report on March 13th, PancakeSwap developers announced that their V4 is expected to launch in Q3 this year. V4 will add four features to its automated market maker (AMM) to make on-chain transactions cheaper and more efficient for users. Chief developer Chef Mochi stated that V4 addresses current AMM shortcomings, including inflexible pricing models for all assets, lack of CEX-level execution capabilities, impermanent loss for liquidity providers, and expensive on-chain gas fees for users.