Automata Network Farm & Syrup Pool Are Now LIVE On PancakeSwap

Published on: 07.06.2021

Automata Network Farm & Syrup Pool Are Now LIVE On PancakeSwap

Users can now stake $CAKE to earn $ATA and Stake $ATA-BNB LP to earn $CAKE.

How do you stake CAKE to earn ATA rewards?

Visit this webpage: https://pancakeswap.finance/syrup

Click “Approve CAKE” on the ATA Syrup Pool

Click on the stake button.

Confirm the transaction.

About Automata Network

Automata Network is a decentralized service protocol that provides a privacy middleware layer for dApps across multiple blockchains. The protocol enables several use-cases such as Anonymous Voting and Miner Extractable Value (MEV) Minimization by leveraging the latest cryptography and privacy-protecting algorithms, along with Trusted Execution Environments (TEE).

ATA is the native utility token of the Automata Network and has the following existing and planned use cases:

  • Governance: ATA token holders can create and vote on proposals, platform features, and network parameters.

Automata Network is developing an MEV minimization solution, Conveyor, which aims to create a front-running-free zone as it arranges transactions in a determined order. This makes it impossible for malicious actors to: (1) inject new transactions into the Conveyor output due to signature mismatch, or to (2) delete ordered transactions, as transactions are broadcasted throughout the network.

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.

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