Dear CAKE holders, we’re proud to announce a new Syrup Pool with Planet Protocol!
Planet Protocol is a blockchain-for-good movement with the vision of creating a better world for the generations to come. They harness the power of blockchain, celebrities, and fandom to move closer to achieving the 17 Sustainable Development Goals (SDGs) set by the United Nations.
Stake CAKE tokens to earn PLANET tokens!
100 CAKE for the first 48 hours of the Syrup Pool.
The cap is to give everyone an equal opportunity to farm rewards at a high APY.
In conjunction with the Stake CAKE, Earn PLANET Syrup Pool, we’ll be providing a PLANET-BNB (1% fee tier) v3 farm.
The PLANET-BNB farm will have 5x CAKE rewards for 30 days minimally. The duration, fee tier, and multiplier of the farm may be adjusted to optimize CAKE emissions.
During and at the end of the 30-day period, the Farm will be re-adjusted to a lower or zero multiplier unless the following metrics are comparable with other farms of a similar multiplier: average daily volume, 14-day volume, unique token holders on BNB Chain, and there are no fundamental token issues or concerns related to users’ safety and security.
From the team: “The $PLANET token is the native token of the project. As part of PLANET DAO, token holders govern the Ecosystem Fund which seeks investments to achieve both sustainable outcomes and profitability. Holders also enjoy perks like discounts, early access & exclusive NFT whitelists along with the opportunity to get Mystery Boxes. Other ecosystem benefits for token holders include income distribution, buy-back and burn, staking rewards and gamification.”
Follow this guide to staking in Syrup Pools:
https://docs.pancakeswap.finance/products/syrup-pool/syrup-pool-guide
The official PLANET token contract address on BNB Chain is:
https://bscscan.com/token/0xca6d678e74f553f0e59cccc03ae644a3c2c5ee7d
Any other PLANET token will be a scam. Always verify the token address before buying tokens. If you receive a PLANET token airdrop from another address, it’s probably a scam, and we advise you to ignore it.