PancakeSwap Introduces Reef Finance Staking!

PancakeSwap Introduces Reef Finance Staking!

By EliteHodler | Yield Farming & De-Fi | 29 Dec 2020

CAKE holders, today we are super happy to be able to offer you a new Syrup Pool from Reef, the first cross-chain DeFi operating system built on Polkadot!

The Syrup Pool:

Stake CAKE tokens, to earn REEF tokens!

Total Tokens: 100,000,000 REEF

Distribution duration: 30 days

Start block: 3515410 (29 Dec 3pm SGT)

Finish block: 4379410 (28 Jan 3pm SGT)

REEF rewards per block: 115.74 REEF

The Farm:

In order to host the REEF Syrup Pool, we will need to provide a REEF-BNB farm that will have 2x CAKE rewards for the first 48 hours and then 1x CAKE rewards after that.

What is Reef Finance?

Reef is a DeFi operating system, smart liquidity aggregator, and yield engine

that resolves these issues by connecting crypto asset buyers and sellers to liquidity pools in exchanges and the DeFi ecosystem, and streamlines crypto asset

management though an AI-driven trading engine that maximizes yield within

each risk category.

Reef delivers on the promise of smarter crypto trading through two major

components and enables:

• Trading of assets via the Global Liquidity Aggregator with access to liquidity from both centralized exchanges and DEX’s;

• Smart lending, borrowing, staking, mining through the AI-driven personalized Reef Smart Yield Farming Aggregator

To learn more about REEF, the chefs advise you to visit Reef’s official communication channels.


Telegram (English):

How do you stake CAKE to earn REEF 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.

BEP20 REEF will also be circulating and transferable on BSC when we start the Syrup pool, so you will be able to harvest your REEF tokens and trade on PancakeSwap at any time!

Read the full article here:

Stake on Pancakeswap:


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