CAKE holders, today we are super happy to be able to offer you a new Syrup Pool from IoTeX, the world’s leading privacy-centric blockchain platform for the Internet of Things (IoT). Their mission is to build a decentralized network for IoT and empower trusted collaboration and value exchange between humans, machines, and applications.
The Syrup Pool:
Stake CAKE tokens, to earn IOTX tokens!
Total Tokens: 11,000,000 IOTX
Distribution duration: 60 days
Start block: 5294640 (March 1st 3PM SGT)
Finish block: 7022640 (April 29th 3PM SGT)
Token rewards per block: 6.365 IOTX
In order to host the IOTX Syrup Pool, we will need to provide a IOTX-BUSD 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 IoTeX?
Founded as an open-source platform in 2017, IoTeX is building the Internet of Trusted Things, the first decentralized network where people can own and control their devices, as well as the data and value they generate. Backed by a global team of 30+ top research scientists and engineers, IoTeX combines blockchain, decentralized identity, and secure hardware to enable next-gen IoT solutions that drive value to users, not corporations. IoTeX will empower a new decentralized machine economy by “connecting the physical and digital worlds, block by block”.
To learn more about IoTeX, the chefs advise you to visit their official communication channels:
Onboarding Pack: https://onboard.iotex.io
Telegram (English): https://t.me/IoTeXGroup
How do you stake CAKE to earn IOTX 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 IOTX Syrup Pool
- Click on the stake button.
- Confirm the transaction.
BEP20 IOTX will also be circulating and transferable on BSC when we start the Syrup pool, so you will be able to harvest your IOTX tokens and trade on PancakeSwap at any time!
BEWARE OF FOOD POISONING! ⚠️⚠️⚠️💀
The official IOTX token contract address on Binance Smart Chain is:
Any other IOTX 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 IOTX tokens, they will be rotten tokens (but not the cool kind!), and we advise you to ignore them.
Chef Hops 🐰