CAKE holders, today we are excited to be able to offer you a new Syrup Pool from Yieldwatch, a smart yield farming dashboard on Binance Smart Chain that lets you monitor your liquidity pools, yield farming and token staking performance with fast and casual UI, which is optimized for mobile use.
The Syrup Pool:
Stake CAKE tokens, to earn WATCH tokens!
Total Tokens: 600,000 WATCH
Distribution duration: 60 days
Start block: 5382600 (March 4th 6PM SGT)
Finish block: 7110600 (May 3rd 6PM SGT)
Token rewards per block: 0.347 WATCH
In order to host the WATCH Syrup Pool, we will need to provide a WATCH-BNB farm that will have 2x CAKE rewards for the first 48 hours and then 1x CAKE rewards after that.
Typically we would run a vote for this, but this time it’s been cut too tight to hit the timelock (6hrs). We hope you support the decision to let you guys earn WATCH tokens!
What is the $WATCH token?
- The $WATCH token is a membership token, which is required to access the advanced PRO features on yieldwatch.net. To enable the full functionality, the user needs to hold a certain amount of $WATCH Tokens in his wallet. Example calculations can be found here.
- Holding the token will grant the benefits without time limitation. There will be no monthly payments or fees involved. To end the membership the user can simply sell the tokens on the open market.
- Furthermore, any payments that Yieldwatch receives after the IFO must be settled in $WATCH tokens to generate buy pressure on the token.
- To learn more about Yieldwatch and the Pro features, click here.
To learn more about Yieldwatch, the chefs advise you to visit their official communication channels:
How do you stake CAKE to earn WATCH 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 WATCH Syrup Pool
- Click on the stake button.
- Confirm the transaction.
BEP20 WATCH will also be circulating and transferable on BSC when we start the Syrup pool, so you will be able to harvest your WATCH tokens and trade on PancakeSwap at any time!
BEWARE OF FOOD POISONING! ⚠️⚠️⚠️💀
The official WATCH token contract address on Binance Smart Chain is:
Any other WATCH 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 WATCH tokens, they will be rotten tokens (but not the cool kind!), and we advise you to ignore them.
Chef Hops 🐰