PancakeSwap added APYSwap to Their Syrup Pool
How do you stake $CAKE to earn $APYS rewards?
Visit this webpage: https://pancakeswap.finance/syrup
- Click “Approve CAKE” on the APYS Syrup Pool
- Click on the stake button
- Confirm the transaction
The Syrup Pool:
Stake $CAKE tokens to earn $APYS tokens!
Total Tokens: 172,000 APYS
Distribution duration: 60 days
Start block: 6353200 (April 7th 3PM SGT)
Finish block: 8081200 (June 6th 3PM SGT)
Token rewards per block: 0.09953 APYS
What is APYSwap?
APYSwap is a protocol for the decentralised exchange of shares of Tokenized Vaults.
It achieves this through the creation of a Layer 2 blockchain where users can trustlessly swap accounts & assets from multiple Layer 1 blockchains. Including Ethereum, Polkadot and Binance Smart Chain.
What is PancakeSwap?
PacakeSwap is decentralized exchange and 1st Automated Market Maker and Yield Farming on Binance Smart Chain.
PancakeSwap uses an automated market maker (AMM) model. That means that while you can trade digital assets on the platform, there isn’t an order book where you’re matched with someone else. Instead, you trade against a liquidity pool.