PancakeSwap Has Added Ampleforth To Their Farm And Syrup Pool
PancakeSwap Has Added Ampleforth To Their Farm And Syrup Pool
Users can now Stake CAKE to earn AMPL-BSC-mp and Stake AMPL-BSC-MP-BUSD LP to earn CAKE.
How do you stake CAKE to earn AMPL rewards?
Visit this webpage: https://pancakeswap.finance/syrup
Click “Approve CAKE” on the AMPL Syrup Pool
Click on the stake button.
Confirm the transaction.
About Ampleforth
AMPL is the first rebasing currency and a key DeFi building block for denominating stable contracts. The AMPL protocol adjusts total supply daily based on market conditions, transferring volatility from price to supply. AMPL’s elastic supply policy does not rely on traditional banks or lenders of last resort, unlike stablecoin models. Because of this unique approach, AMPL can be used as a unit of account for smart contracts in a manner that’s not possible with other cryptocurrencies. Together with the FORTH governance token, AMPL is a powerful DeFi building block with decentralized properties beyond what is possible with stablecoins.
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.
