PancakeSwap Will List ALPACA Finance to Their Syrup Pool
PancakeSwap will list ALPACA Finance to Their Syrup Pool
How to stake CAKE to earn ALPACA rewards?
Visit this webpage: https://pancakeswap.finance/syrup, once it goes live.
Click “Approve CAKE” on the ALPACA Syrup Pool
Click on the stake button.
Confirm the transaction.
The Syrup Pool:
Stake $CAKE tokens to earn $ALPACA tokens!
Total Tokens: 393,000 ALPACA
Distribution duration: 60 days
Start block: 6918820 (approx. 3am UTC on April 27th)
Finish block: 8646820 (approx. 3am UTC on June 26th)
Token rewards per block: 0.22743 ALPACA
About Alpaca Finance
Alpaca Finance is the largest lending protocol allowing leveraged yield farming on Binance Smart Chain. It helps lenders to earn safe and stable yields, and offers borrowers undercollateralized loans for leveraged yield farming positions, vastly multiplying their farming principals and resulting profits.
About PancakeSwap
PancakeSwap is decentralized exchange and 1st Automated Market Maker and Yield Farming on Binance Smart Chain.
PancakeSwap uses an automated market maker (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.
➡️Source:
https://pancakeswap.medium.com/pancakeswap-welcomes-alpaca-finance-to-syrup-pool-e15698552ec3