CAKE holders, today we are a new Syrup Pool from Hyper Finance, a decentralized aggregate mining platform based on the Binance Smart Chain.
The Syrup Pools:
Stake CAKE tokens to earn HYFI tokens!
Total Tokens: 5,000,000 HYFI
Distribution duration: 60 days
Start block: 7336100 (approx. 3am UTC on May 12th)
Finish block: 9064100 (approx. 3am UTC on July 11th)
Token rewards per block: 2.8935 HYFI
In order to host the HYFI Syrup Pool, we will need to provide a HYFI-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 Hyper Finance?
Hyper Finance (HyFi.pro) is a decentralized aggregate mining platform based on the Binance Smart Chain, where it it auto-compounds mining yields and brings the best APYs for its users.
Currently, Hyper Finance is mining on Venus, PancakeSwap, Belt, Ellipsis, and more.
$HYFI, the Hyper Finance Platform Incentive Token, is issued to mining users as rewards.
To learn more about Hyper Finance, the chefs advise you to visit their official communication channels:
How do you stake CAKE to earn HYFI 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 HYFI Syrup Pool
- Click on the stake button.
- Confirm the transaction.
BEP20 HYFI will also be circulating and transferable on BSC when we start the Syrup pool, so you will be able to harvest your HYFI tokens and trade on PancakeSwap at any time!
BEWARE OF FOOD POISONING! ⚠️⚠️⚠️💀
The official HYFI token contract address on Binance Smart Chain is:
Any other HYFI 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 HYFI tokens, they will be rotten tokens (but not the cool kind!), and we advise you to ignore them.
Chef Hops 🐰