PancakeSwap x TokenPocket — Double Syrup Pool!
CAKE holders, today we are thrilled to be able to offer you TWO new Syrup Pools with TokenPocket, a decentralized multi-chain digital asset wallet, covering nearly 10 million users in more than 200 countries and regions.
The Syrup Pools:
Stake TPT tokens, to earn CAKE tokens!
Total Tokens: 4,000 CAKE (Around $50,000)
Distribution duration: 3 days (86,400 blocks)
Start block: 5407800 (March 5th 3PM SGT)
Finish block: 5494200 (March 8th 3PM SGT)
Token rewards per block: 0.0462 CAKE
Max Stake per wallet: 25,000 TPT (Around $1,000)
Stake CAKE tokens, to earn TPT tokens!
Total Tokens: 6,250,000 TPT
Distribution duration: 60 days
Start block: 5407800 (March 5th 3PM SGT)
Finish block: 7135800 (May 4th 3PM SGT)
Token rewards per block: 3.616 TPT
“But where will the CAKE come from for the Stake TPT, earn CAKE rewards, Chef?”
Simple. We bought the CAKE for this pool back from the market using the treasury wallet.
Here’s the tx: https://bscscan.com/tx/0x91d0a89a03fcd40f1df89f6790fdc7451f215e7d98e972805938cbf2039759ad
The Farm:
In order to host the TPT Syrup Pool, we will need to provide a TPT-BUSD farm that will have 3x CAKE rewards for the first 48 hours and then 1x CAKE rewards after that. Why 3x initially? As mentioned above, TokenPocket has around 10 Million users, which are primarily based in Asia and this will be a great way to collaborate in helping to introduce more people to both the PancakeSwap and greater BSC ecosystem!
The Vote:
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 TokenPocket?
TokenPocket is a decentralized multi-chain digital asset wallet, covering nearly 10 million users (including over 1 million monthly active users) in more than 200 countries and regions.
As the only token in the TokenPocket ecology, TPT (TokenPocket Token) has ecological governance rights. At the same time, TPT circulates in a variety of scenarios as a means of payment and proves the benefits and rights of membership, which opens up a channel in the entire TokenPocket product line.
Currently, TPT can be used to purchase resources of multiple public blockchains, subscribe for wallet VIP membership, pay for TP advertising fee, etc.(The total supply of TPT has been reduced from 5.9 billion to 3.46 billion after the burn) In 2021, to provide users with a more efficient financial experience, TP will further integrate CeFi and DeFi, and significantly upgrade features of cross-chain aggregated transaction. That is when TPT will also be given more rights and benefits as a core token.
To learn more about TokenPocket, the chefs advise you to visit their official communication channels:
Website: https://www.tokenpocket.pro/
Twitter: https://twitter.com/TokenPocket_TP
Telegram: https://t.me/tokenPocket_en
How do you stake CAKE or TPT to earn rewards?
If you own CAKE or TPT tokens, congratulations! Time to step up your taste buds by learning how to stake CAKE or TPT with Syrup Pool.
- Visit this webpage: https://pancakeswap.finance/syrup
- Click “Approve CAKE” or “Approve TPT” on the relevant Syrup Pools
- Click on the stake button.
- Confirm the transaction.
BEP20 TPT will also be circulating and transferable on BSC when we start the Syrup pool, so you will be able to harvest your TPT tokens and trade on PancakeSwap at any time!
BEWARE OF FOOD POISONING! ⚠️⚠️⚠️💀
The official TPT token contract address on Binance Smart Chain is:
https://bscscan.com/token/0xeca41281c24451168a37211f0bc2b8645af45092
Any other TPT 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 TPT tokens, they will be rotten tokens (but not the cool kind!), and we advise you to ignore them.
Chef Hops 🐰
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