CAKE holders, today we are super happy to be able to offer you a new Syrup Pool from Hedget, a blockchain-based platform focusing on options trading that held its initial IEO on FTX!
The Syrup Pool:
Stake CAKE tokens, to earn HGET tokens!
Total Tokens: 12,000 HGET
Distribution duration: 30 days
Start block: 4553000 (Feb 3rd 4PM SGT)
Finish block: 5417000 (March 5th 4PM SGT)
Token rewards per block: 0.0138 HGET
The Farm:
In order to host the HGET Syrup Pool, we will need to provide a HGET-BNB farm that will have 1x CAKE rewards for the first 48 hours and then 0.5x CAKE rewards after that.
Ok.. But what is Hedget?
The future economy will be built on cryptocurrencies, but they are very volatile and could be risky investments. Hedget introduces decentralized options — you pay the smallest possible premium to secure your positions against unexpected price movements.
Hedget is a decentralised protocol for options trading. By putting up collateral, users can
create and trade different option series on chain. Decentralised option products allow users
to hedge price fluctuation and also the risk in their collateralised lending positions.
Hedget believes that risk mitigating DeFi
protocols like decentralised options are necessary building blocks as the decentralized
finance sector grows and matures. Hedget Foundation issues HGET token as the native token on the platform for governance and other utility purposes.
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https://bscscan.com/token/0xc7d8d35eba58a0935ff2d5a33df105dd9f071731 - The only real contract address for the coin
Read the full article here: https://pancakeswap.medium.com/pancakeswap-welcomes-hedget-to-syrup-pool-stake-cake-earn-hget-8197616b6949
Thanks for reading!