Much Wow! Stake DOGE to earn CAKE on PancakeSwap!

PancakeSwap
3 min readMay 12, 2021

--

Stake DOGE, Earn CAKE.

Yes, you read that right! Today we’re switching things up and announcing our intention to host a reverse Syrup Pool in which you can stake BEP20 DOGE to earn CAKE tokens!

Why DOGE?

DOGE is currently extremely underutilized on Binance Smart Chain and we’re hoping to change that… along with sharing the joy of $0.30 transactions, and you know, “much wow” and all that.

“But where will the CAKE come from for these rewards, Chef?”

Simple. We bought the CAKE for this pool back from the market.

Here’s the tx: https://bscscan.com/tx/0x66c898606f4767e4a53e482587191532f92f00bd9c0be7b014b90f18a4c51d0a

The Syrup Pool:

Stake DOGE tokens, to earn CAKE tokens!

Total Tokens: 5,600 CAKE (Around $200,000)

Distribution duration: 14 days (403,200 blocks)

Start block: 7373010 (11am UTC 13th May)

Finish block: 7776210 (11am UTC 28th May)

Token rewards per block: 0.01388 CAKE

Max Stake per wallet: 1,000 DOGE (Around $500)

The Farm:

In addition to the Syrup Pool, we are hosting a DOGE-BNB farm that will have 1x CAKE rewards initially, which will be reviewed at a later date.

Remember, liquidity means less slippage, more trading and more CAKE burned as a result!

The Vote:

As usual, it needs to be approved via a vote.

VOTE NOW!

Why do we need a vote? Since it dilutes farm rewards, the chefs want BSC’s greatest community to make the decision themselves.

What is DOGE?

To quote dogecoin.org — “shibe add little paw to zapzap coins, give to smol hodl, is gud. shibe ask french cousin for big people talk. jacques very brain, warrior priest, revolutionary, much write. cousin eat rich, much tasty. shibes eat rich too? snacc on rich, make much random, bring coins back. ask zapzap car man, vote for sploot? shibe will ride shiny truck, such wag.”

How do you stake DOGE to earn CAKE rewards?

If you own DOGE tokens, congratulations! Time to step up your taste buds by learning how to stake DOGE in the Syrup Pool.

You can harvest your CAKE tokens and trade on PancakeSwap at any time!

BEWARE OF FOOD POISONING! ⚠️⚠️⚠️💀

The official DOGE token contract address on Binance Smart Chain is:

https://www.bscscan.com/token/0xba2ae424d960c26247dd6c32edc70b295c744c43

Any other DOGE token will be a scam and will result in a financial loss for users. Do not buy tokens from any other token address. Always verify the token address before purchasing tokens. If you receive airdrops from another address for DOGE tokens, they will be rotten tokens (but not the cool kind!), and we advise you to ignore them.

Chef Hops 🐰

🥞 pancakeswap.finance/

🥞 Twitter

🥞 Telegram

--

--