CAKE holders, today we are excited to be able to offer you a new Syrup Pool from ARPA, a blockchain-based solution for privacy-preserving computation, enabled by cryptographic Multi-Party Computation.
The Syrup Pool:
Stake CAKE tokens to earn ARPA tokens!
Total Tokens: 1,640,000 ARPA
Distribution duration: 60 days
Start block: 6434600 (April 10th 3PM SGT)
Finish block: 8162600 (June 9th 3PM SGT)
Token rewards per block: 0.949 ARPA
In order to host the ARPA Syrup Pool, we will need to provide a ARPA-BNB farm that will have 2x CAKE rewards for the first 48 hours and then 1x CAKE rewards after that.
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 ARPA?
ARPA is a blockchain-based solution for privacy-preserving computation, enabled by cryptographic Multi-Party Computation (“MPC”).The goal of ARPA is to separate data utility from ownership, and enable data renting. ARPA’s MPC protocol creates ways for multiple entities to collaboratively analyze data and extract data synergies, while keeping each party’s data input private and secure. ARPA allows secret sharing of private data, and the correctness of computation is verifiable using information-theoretic Message Authentication Code.The use cases of the ARPA token include computation cost, data and model usage fee, security deposit, community governance, etc. The ARPA token currently runs on the Ethereum network.Developers can build privacy-preserving dApps on blockchains compatible with ARPA. Some immediate use cases include credit anti-fraud, secure data wallet, precision marketing, joint AI model training, or key management systems. For example, banks using the ARPA network can share their credit blacklist with each other for risk management purposes without exposing their customer data or privacy.
To learn more about ARPA, the chefs advise you to visit their official communication channels:
Telegram (English): https://t.me/arpa_community
How do you stake CAKE to earn ARPA 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.
- Visit this webpage: https://pancakeswap.finance/syrup
- Click “Approve CAKE” on the ARPA Syrup Pool
- Click on the stake button.
- Confirm the transaction.
BEP20 ARPA will also be circulating and transferable on BSC when we start the Syrup pool, so you will be able to harvest your ARPA tokens and trade on PancakeSwap at any time!
BEWARE OF FOOD POISONING! ⚠️⚠️⚠️💀
The official ARPA token contract address on Binance Smart Chain is:
Any other ARPA 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 ARPA tokens, they will be rotten tokens (but not the cool kind!), and we advise you to ignore them.
Chef Hops 🐰