CAKE holders, today we are excited to be able to offer you a new Syrup Pool from Chromia, a relational blockchain platform for dApps.
The Syrup Pool:
Stake CAKE tokens to earn CHR tokens!
Total Tokens: 2,860,000 CHR
Distribution duration: 60 days
Start block: 7706800 (approx. 5am UTC on May 25th)
Finish block: 9434800 (approx. 5am UTC on July 24th)
Token rewards per block: 1.655 CHR
Max Stake per wallet:
100 CAKE for the first 48 hours, then unlimited CAKE staking.
To give as many CAKE holders the opportunity to Farm some juicy pool rewards at a high APY, we will have a 100 CAKE token cap staking limit per user for the first 48 hours.
In order to host the CHR Syrup Pool, we will provide a CHR-BUSD farm with 2x CAKE rewards for the first 48 hours and then 1x CAKE rewards after that.
Usually, there would be a vote, but as you may have noticed, there are currently issues with the nodes we have been using to support voting. As such, we hope that you will trust us on this one, and rest assured we are working to get the new version of voting deployed ASAP.
What is Chromia?
Chromia is a blockchain platform that aims to solve the scalability problem for dApps. The platform consists of a network of relational blockchains. dApps can be written in a way that is familiar to developers all over the world, whether they work on large enterprise applications, games, or smaller projects.
CHR is Chromia’s native utility token. Users can use CHR tokens within dApps and the dApps in turn pay transaction fees to block producers using the CHR token. Chromia allows dApps to issue CHR-backed tokens, while investors of dApp projects can be compensated in CHR through a profit-sharing contract. For developers, Chromia offers the opportunity to derive income from their dApps, with popular dApps generating more income demand for tokens owned by the developer.
Current implementations of dApps on Chromia includes finance, gaming, real estate, and healthcare. In the future, Chromia will also focus on dApps involving supply chain, enterprise services, and IoT.
To learn more about Chromia, the chefs advise you to visit their official communication channels:
How do you stake CAKE to earn CHR 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 CHR Syrup Pool
- Click on the stake button.
- Confirm the transaction.
BEP20 CHR will also be circulating and transferable on BSC when we start the Syrup pool, so you will be able to harvest your CHR tokens and trade on PancakeSwap at any time!
BEWARE OF FOOD POISONING! ⚠️⚠️⚠️💀
The official CHR token contract address on Binance Smart Chain is:
Any other CHR tokens 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 CHR tokens, they will be rotten tokens (but not the cool kind!), and we advise you to ignore them.
Chef Hops 🐰