Xend Finance Farm And New Syrup Pool Are Now Live On PancakeSwap
Xend Finance Farm And New Syrup Pool Are Now Live On PancakeSwap
Users can now Stake CAKE to earn XEND and Stake XEND-BNB LP to earn CAKE.
How do you stake CAKE to earn XEND rewards?
- Visit this webpage: https://pancakeswap.finance/syrup
- Click “Approve CAKE” on the XEND Syrup Pool
- Click on the stake button.
- Confirm the transaction.
About Xend Finance
Xend Finance provides the tools and platform for a decentralized financial credit union, regardless of geographic location and home country currency. Members can earn multiple levels of interests on their savings by seamlessly exchanging their crypto or fiat currency to stable cryptocurrencies and staking — the process of locking up crypto assets to earn yields — on lending platforms so members can earn compound interest on their money. The Xend Finance platform is the world’s first decentralized finance (DeFi) credit union.
The native token of the Xend Finance ecosystem is the Xend Token ($XEND), which is used to reward users for saving, investing and performing different operations on the network.
$XEND tokens also generate interest for the users — the Xend Finance smart contract periodically invests user savings on DeFi lending protocols, which produces a second level of interest for the users.
To learn more about Xend Finance
Website: https://xend.finance/
About 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