PancakeSwap Syrup Pool from Mirror Protocol
PancakeSwap adds $mCOIN Trading and Farm in Collaboration with Mirror Protocol – Stake $CAKE, Earn $UST!
🔹The Syrup Pool:
Stake CAKE tokens to earn UST tokens!
Total Tokens: 300,000 UST
Distribution duration: 60 days
Start block: 7288800 (approx. 5am UTC on May 10th)
Finish block: 9016800 (approx. 5am UTC on July 9th)
Token rewards per block: 0.17361 UST
🔹How do you stake CAKE to earn UST rewards?
If you own CAKE tokens, congratulations! You’re the master of your … pancakes.
Time to step up your taste buds by learning how to stake CAKE with Syrup Pool.
- Visit this webpage: https://pancakeswap.finance/syrup
- Click “Approve CAKE” on the UST Syrup Pool
- Click on the stake button.
- Confirm the transaction.
BEP20 MIR will also be circulating and transferable on BSC when we start the Syrup pool, so you will be able to harvest your MIR tokens and trade on PancakeSwap at any time!
What is Mirror Protocol?
Mirror is a DeFi protocol powered by smart contracts on the Terra network that enables the creation of synthetic assets called Mirrored Assets (mAssets). mAssets mimic the price behavior of real-world assets and give traders anywhere in the world open access to price exposure without the burdens of owning or transacting real assets. Mirror is a community-governed project that seeks to unlock the wealth creation of major asset classes to users around the world via a permissionless access model.
What is PancakeSwap?
PancakeSwap is decentralized exchange and 1st Automated Market Maker and Yield Farming on Binance Smart Chain.
PancakeSwap uses an automated market make r (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.
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