PancakeSwap x Wootrade Network Syrup Pool
PancakeSwap announced new Syrup Pool from Wootrade, a digital asset liquidity network that provides the best execution for institutional clients.
🔹The Syrup Pool:
Stake CAKE tokens to earn WOO tokens!
Total Tokens: 666,000 WOO
Distribution duration: 60 days
Start block: 8479500 (approx. 5am UTC on June 21st)
Finish block: 10207500 (approx. 5am UTC on August 20th)
Token rewards per block: 0.3854 WOO
🔹Max Stake per wallet:
100 CAKE for the first 48 hours, then unlimited CAKE staking afterwards.
To give as many CAKE holders the opportunity to Farm some juicy pool rewards at a high APY, they will have a 100 CAKE token cap staking limit per user for the first 48 hours.
🔹The Farm:
In order to host the WOO Syrup Pool, they will need to provide a WOO-BNB farm that will have 2x CAKE rewards for the first 48 hours and then 1xCAKE rewards after that.
🔹The Vote:
Usually, there would be a vote, but as you may have noticed, there are currently issues with the nodes they have been using to support voting.
🔹How do you stake CAKE to earn WOO 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 WOO Syrup Pool
- Click on the stake button.
- Confirm the transaction.
BEP20 WOO will also be circulating and transferable on BSC when we start the Syrup pool, so you will be able to harvest your WOO tokens and trade on PancakeSwap at any time!
What is Wootrade Network?
Wootrade is a layer one trading infrastructure complete with deep liquidity, frontend trading GUI, and the ability to integrate into any exchange, trading desk, wallet, dApp, or other trading-related platform. Wootrade is able to leverage rebates from high volume institutional traders and market makers, giving the retail traders and B2B clients high-depth, zero-fee trading.
What is PancakeSwap?
PancakeSwap is the first AMM and yield farm on Binance Smart Chain.
📰 INFO:
https://pancakeswap.medium.com/pancakeswap-welcomes-wootrade-network-to-syrup-pool-cd517289e01a