CAKE holders, today we are super happy to be able to offer you a new Syrup Pool from BSCEX, a decentralized non-custodial cryptocurrency exchange-centered ecosystem that runs on Binance Smart Chain.
The Syrup Pool:
Stake CAKE tokens, to earn BSCX tokens!
Total Tokens: 150,000 BSCX (currently worth $130,000+)
Distribution duration: 30 days
Start block: 3804450 (Friday 8th Jan, 4pm SGT)
Finish block: 4668450 (Sat 7th Feb, 4pm SGT)
BSCX rewards per block: 0.17361 BSCX
The Farm:
In order to host the BSCX Syrup Pool, we will need to provide a BSCX-BNB farm that will have 2x CAKE rewards for the first 48 hours and then 1x CAKE rewards after that.
The Vote:
As usual, it needs to be approved via a vote.
Why do we need a vote? Since it dilutes rewards, the chefs want BSC’s greatest community to make the decision themselves.
What is BSCX?
BSCex’s mission is to make Binance’s off-chain services available on the blockchain, develop the applications on BSC, and promote the features of decentralized finance that let our users earn tokens and gain many other economic benefits.
The technology of BSCex focuses on the unique technology that is called Cross Liquidity Layer 2. This technology utilizes the liquidity of the popular AMMs on BSC such as Pancakeswap, BakerySwap, BurgerSwap to provide even better liquidity and yield-farming services for crypto traders and yield farmers. The depositors provide liquidity to the market to earn a passive income in the form of BSCX tokens.
Read the full article here: https://pancakeswap.medium.com/pancakeswap-welcomes-bscex-to-syrup-pool-stake-cake-earn-bscx-3df5a3d25e9c
Stack 'em! 🥞
I believe that BSCX is a good project to look into and I will be doing so in the future (my opinion)