PancakeSwap Welcomes Cyclone Protocol to Syrup Pool!
CAKE holders, today we are excited to be able to offer you a new Syrup Pool from Cyclone Protocol, a cross-chain, non-custodial, universal privacy-preserving protocol for all DeFi.
The Syrup Pool:
Stake CAKE tokens to earn CYC tokens!
Total Tokens: 275 CYC
Distribution duration: 60 days
Start block: 7683700 (approx. 9am UTC on May 24th)
Finish block: 9411700 (approx. 9am UTC on July 23rd)
Token rewards per block: 0.00015914 CYC
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.
The Farm:
In order to host the CYC Syrup Pool, we will provide a CYC-BNB farm with 1x CAKE rewards for the first 48 hours and then 0.5x CAKE rewards after that.
The Vote:
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 Cyclone Protocol?
Cyclone Protocol is a cross-chain, non-custodial, universal privacy-preserving protocol for DeFi with decentralised governance. Cyclone applies zkSNARKs to enable transactional privacy for all DeFi components by breaking the on-chain link between depositor and recipient addresses. Cyclone Protocol has been successfully launched on IoTeX blockchain — a fast, EVM-compatible blockchain with an active community on January 2021.
To learn more about Cyclone Protocol, the chefs advise you to visit their official communication channels:
Website: https://cyclone.xyz/
Twitter: https://twitter.com/cycloneprotocol
Telegram: https://t.me/cycloneprotocol
Medium: https://cycloneprotocol.medium.com/
How do you stake CAKE to earn CYC 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 CYC Syrup Pool
- Click on the stake button.
- Confirm the transaction.
BEP20 CYC will also be circulating and transferable on BSC when we start the Syrup pool, so you will be able to harvest your CYC tokens and trade on PancakeSwap at any time!
BEWARE OF FOOD POISONING! ⚠️⚠️⚠️💀
The official CYC token contract address on Binance Smart Chain is:
https://bscscan.com/token/0x810ee35443639348adbbc467b33310d2ab43c168
Any other CYC 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 CYC tokens, they will be rotten tokens (but not the cool kind!), and we advise you to ignore them.
Chef Hops 🐰
