Proposal for a Level Finance ($LVL) Syrup Pool and Farm

PancakeSwap Welcomes Level Finance ($LVL) to Syrup Pool!

Dear CAKE holders, we’re proud to announce a new Syrup Pool with Level Finance!

LEVEL is the non-custodial, perpetual DEX on BNB Chain with custom risk management and LP solutions. With over $4bn in total trading volume since launch (more data here), LEVEL offers leverage trading and real yield from protocol fees.

We’re also very excited that CAKE/USD is one of the trading pairs, and is one of the reward tokens for the trading pools.

The Syrup Pool/Farm will only launch if there is a favorable outcome of the governance vote on Level Finance DAO.

The Syrup Pool:

Stake CAKE tokens to earn LVL tokens!

• Total Tokens: 45,000 LVL
• Distribution duration: 160 days
• Start time: Approx. 1200 UTC on 20 Mar 2023
• Finish time: Approx. 1200 UTC on 27 Aug 2023
• Token rewards per block: 0.009765 LVL

Max Stake per Wallet:

100 CAKE for the first 57,600 blocks (approx. 48 hours) after the Syrup Pool is launched, then unlimited CAKE staking after that.

The cap is to give everyone an equal opportunity to farm rewards at a high APY at the start of the farm.

The Farm:

In conjunction with the LVL Syrup Pool, we’ll be providing a LVL-BNB farm.

The farm will have 4x CAKE rewards. During and at the end of the 160-day period – approx. 1200 UTC on 27 Aug 2023 – the farm will be re-adjusted to a 0x multiplier unless the following metrics are comparable with other 4x multiplier farms: 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.

What is $LVL?

From the team: “LVL is the protocol utility token of the LEVEL ecosystem.

Staking LVL enables LVL holders to have direct access to protocol revenue through real yield from the protocol (trading) fees.

LVL stakers can also earn LGO, the governance token of LEVEL. LGO holders gain exposure to protocol cashflows accumulated in the LEVEL DAO Treasury, in the form of blue-chip assets including BTC, ETH, BNB, and stables.”

To learn more, visit the project’s official channels:

• Website: https://level.finance/
• Level App: https://app.level.finance/
• Twitter: https://twitter.com/level__finance
• Telegram: https://t.me/LevelFinance
• Discord: https://discord.com/invite/levelfinance
• Medium: https://level-finance.medium.com/
• Docs: https://docs.level.finance

How do you stake CAKE to earn $LVL rewards?

Follow this guide to staking in Syrup Pools:

https://docs.pancakeswap.finance/products/syrup-pool

⚠️⚠️⚠️BEWARE OF FOOD POISONING⚠️⚠️⚠️💀

The official LVL token contract address on BNB Chain is:

https://bscscan.com/token/0xB64E280e9D1B5DbEc4AcceDb2257A87b400DB149

​Any other LVL token will be a scam. Always verify the token address before buying tokens. If you receive a LVL token airdrop from another address, it’s probably a scam, and we advise you to ignore it.