CAKE holders, today we are super excited to be able to offer you a new Syrup Pool from LTO Network, a hybrid blockchain for data security and business collaboration.
The Syrup Pool:
Stake CAKE tokens to earn LTO tokens!
Total Tokens: 500,000 LTO
Distribution duration: 60 days
Start block: 5924630 (March 23rd 3PM SGT)
Finish block: 7652630 (May 24nd 3PM SGT)
Token rewards per block: 0.2893 LTO
In order to host the LTO Syrup Pool, we will need to provide an LTO-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 LTO Network?
The LTO Network is a hybrid blockchain platform featuring Business-to-Business functionalities. Live Contracts were built to optimize business workflow. Combining private chains and a public Leased-Proof-of-Stake blockchain, the LTO Network enables General Data Protection Regulation (“GDPR”) compliant blockchain solutions. LTO Network is also developing a range of applications such as Proofi, FillTheDoc, and LetsFlow.
LTO Network aims to foster blockchain adoption by increasing security of applications and automating business processes. The project is building blockchain solutions with both privacy and transparency in mind.
LTO Network separates data sharing from network consensus, and builds a decentralized public layer as well as a customizable private layer. The team aims to build and enable other blockchain solutions which are GDPR compliant and can easily integrated with existing systems that businesses already have in use.
To learn more about LTO Network, the chefs advise you to visit their official communication channels:
How do you stake CAKE to earn LTO 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 LTO Syrup Pool
- Click on the stake button.
- Confirm the transaction.
BEP20 LTO will also be circulating and transferable on BSC when we start the Syrup pool, so you will be able to harvest your LTO tokens and trade on PancakeSwap at any time!
BEWARE OF FOOD POISONING! ⚠️⚠️⚠️💀
The official LTO Network token contract address on Binance Smart Chain is:
Any other LTO 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 LTO tokens, they will be rotten tokens (but not the cool kind!), and we advise you to ignore them.
Chef Hops 🐰